Vanguard is introducing ultra-low-cost Admiral Shares for six additional domestic and international equity index funds. The six funds include the Vanguard FTSE All World Ex-US Index Fund, the Vanguard Mid-Cap Growth Index Fund and the Vanguard Small-Cap Growth Index Fund.

Retail customers will be able to switch their qualifying shares for lower priced shares of the equivalent fund. The new shares are likely to be available for sale by the end of September.

Click here for the release from Business Wire.