Estimated reading time: 0 minutes, 19 seconds

Vanguard Sets Asset Gathering Record

Vanguard has captured $163.4 billion in mutual fund and exchanged traded funds through October of this year, which is more than the firm has captured in any full calendar year during its 39 year history. So reports Bloomberg.

On an asset weighted basis, the firm’s funds charge 15 cents for every $100 investment, while the industry average is 70 cents, according to Morningstar data.

Read the full article from Bloomberg.

Read 4762 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.