Vanguard cuts fees across ETF and index fund range

Follows active fee cuts in June

clock • 1 min read

Vanguard has reduced fees across 36 funds, bringing its average ongoing charges figure to 0.2%, as part of the firm's latest efforts to offer better value for money to retail investors.

The £4.7trn AUM firm has reduced its fees on 13 ETFs, 22 index funds and the Vanguard Sterling Short-Term Money Market fund. Their UK offering now has an average OCF of 0.2%, with the index mutual fund line-up carrying an average OCF of 0.15% and the ETF index range offering average of 0.1%. It follows fee reductions earlier in 2019 on its UK-domiciled, actively-managed fund range, the bulk of which met their three-year track records in June. Head of Vanguard for Europe Sean Hagerty said: "For too long, investors have been poorly served with high-cost, complex investments. "M...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Quilter CEO warns of revenues and profitability 'headwind'

Quilter CEO warns of revenues and profitability 'headwind'

Latest to report April assets slide amid tariffs volatility

Jen Frost
clock 23 April 2025 • 3 min read
Söderberg & Partners adds further IFA investments

Söderberg & Partners adds further IFA investments

‘No shortage’ of high-quality advice firms, CEO Rentzhog says

Isabel Baxter
clock 16 April 2025 • 3 min read
Aviva £450m preference shares cancellation gets shareholder green light

Aviva £450m preference shares cancellation gets shareholder green light

Court hearing set for May

Jen Frost
clock 15 April 2025 • 2 min read