Vanguard has confirmed it is lowering the cost of fees on its Australian Fixed Interest Fund and Exchange Traded Fund (ETF) from 0.24 per cent to 0.19 per cent and 0.20 per cent to 0.15 per cent, respectively. Simultaneously, fees on the Vanguard Australian Corporate Fixed Interest Index Fund will also be reduced from 0.29 per cent to 0.24 per cent and the ETF from 0.26 per cent to 0.20 per cent.
“Keeping costs low on our broadly diversified funds is one of the many ways we continue to support Australian investors to achieve their financial goals,” said Evan Reedman, Vanguard Australia’s head of product.
Read more at Independent Financial Adviser
