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Vanguard Slashes EAFE ETF Expense Ratio
Vanguard Group will reduce the expense ration of the Vanguard MSCI EAFE ETF.
Vanguard Group will reduce the expense ration of the Vanguard MSCI EAFE ETF, Index Universe reports. The fund will now cost investors 0.12% a year from 0.15% previously, a drop of 20%.
The equity ETF canvasses the developed world outside of North America. Previously, Vanguard had cut the price of the Vanguard MSCI Emerging Markets ETF, which now costs 0.22% as compared to the iShares MSCI Emerging Market Index Fund that has a 0.69% price tag.
Click here for the story from Index Universe.