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Vanguard Slashes Average Fee to Just 0.07%

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management — a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the move with Katie Greifeld on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full…

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Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management — a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the move with Katie Greifeld on “Bloomberg Technology.”
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25 Comments

25 Comments

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    February 6, 2025 at 4:17 pm

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  23. @CavlanMurat

    February 6, 2025 at 4:18 pm

    XAI502K will probably be involved

  24. @NORBERTOSchubert

    February 6, 2025 at 4:18 pm

    Thanks for the XAI502K update! I am loving my XAI502K!

  25. @ckl8833

    February 6, 2025 at 4:41 pm

    Why even pay 7 basis points? Look up the top performers in each fund. There are usually only 5-7 outsized winners, the remaining stocks aren’t worth owning. Just buy the top performers and pay nothing in fees.

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Amazon’s Ring unit debuted a flying home security drone more than six years after first announcing the product, marking the brand’s belated entrance into the robotics segment. Chris Welch got an early look at the device that ships in January
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