Did VFIAX increase fees?
Did VFIAX increase fees?
I noticed that VFIAX (Vanguard 500 Index Admiral shares) has an expense ratio of 0.04%. I recall that this was 0.018% a few years back. Do you know when they changed the costs? This is unattractive compared to FXAIX (Fidelity) which has an expense ratio of 0.015%
Re: Did VFIAX increase fees?
No, .04% is the lowest Vanguard has had for the VFIAX fund.
Vanguard's institutional class 500 fund like VIIIX have lower fees.
Vanguard's institutional class 500 fund like VIIIX have lower fees.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham
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Re: Did VFIAX increase fees?
Agree with user above. Maybe you had access to VIIIX or VINIX in an institutional account that had a lower ER.
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Re: Did VFIAX increase fees?
I love to think what those whose investment careers spammed the mid/late 1900's would think about reading this post worrying about the difference between 2 and 4 basis points .noelb wrote: ↑Sun Sep 19, 2021 7:06 pm I noticed that VFIAX (Vanguard 500 Index Admiral shares) has an expense ratio of 0.04%. I recall that this was 0.018% a few years back. Do you know when they changed the costs? This is unattractive compared to FXAIX (Fidelity) which has an expense ratio of 0.015%
Re: Did VFIAX increase fees?
Touche!MotoTrojan wrote: ↑Sun Sep 19, 2021 7:33 pmI love to think what those whose investment careers spammed the mid/late 1900's would think about reading this post worrying about the difference between 2 and 4 basis points .noelb wrote: ↑Sun Sep 19, 2021 7:06 pm I noticed that VFIAX (Vanguard 500 Index Admiral shares) has an expense ratio of 0.04%. I recall that this was 0.018% a few years back. Do you know when they changed the costs? This is unattractive compared to FXAIX (Fidelity) which has an expense ratio of 0.015%