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.
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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.