In the current time of uncertainty, one thing can be assured; Vanguard’s investment funds will be keenly priced.
Today, they have become even more keenly priced with reductions across the majority of the funds in which you are investing.
Now, I appreciate that a reduction from the already measly 0.13% per year to 0.11% (FTSE UK All Share Index) is no big shakes, but let’s give Vanguard credit for shaving a few pounds off their charges.
A list of all of the changes are as follows (for transparency, we always quote the total charges figure, rather than just the ‘ongoing charges figure’):
|Fund||Previous Annual Charge||New Annual Charge|
|Emerging Markets Stock Index||0.30%||0.26%|
|FTSE UK All Share Index||0.13%||0.11%|
|FTSE UK Equity Income Index||0.32%||0.24%|
|Japan Stock Index||0.25%||0.18%|
|Pacific ex-Japan Stock Index||0.26%||0.19%|
There’s not much to add except a thumb’s up from us.
Vanguard is always at the forefront of developments in the ‘passive/index tracking’ space and this type of positive action should give you continued confidence that you are entrusting your investments to a company offering uncomplicated funds which act in line with their published objectives.