Big news for investors! Vanguard, a huge investment company, just lowered the fees on many of its funds. This means you'll keep more of your money! It's like getting a discount on your investments.
- Vanguard cut fees on 168 funds.
- This is their biggest fee cut ever!
- The average fee is now super low.
- Lower fees mean more money for you in the long run!
Item | Number |
---|---|
Funds with fee cuts | 168 |
Average fee cut percentage | 20% |
Vanguard's new average fee | 0.07% |
Estimated revenue loss for Vanguard | $350 million |