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Fees are falling at Vanguard, which could mean a big boost for the bottom line of millions of investors.
Vanguard Investments just sent an early Valentine’s gift to its millions of investors. The investment management company has cut the expense ratio on 168 share classes across 87 mutual funds and exchange-traded funds (ETFs). Vanguard says this is the largest expense-ratio cut in its 50-year history and will save investors more than $350 million this year alone. An expense ratio is the annual…
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