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Salting Wounds: Vanguard Will Charge Big Investors 0.01% For Some Index Funds

TedTed
in The Bullpen
FYI: Cam Newton, quarterback for the 17-1 Carolina Panthers pro football team, has drawn some ire this season for celebratory touchdown dances like the dab.

Well, Vanguard Group just filed for what is the equivalent of showboating in the funds industry: a fund share class that costs just 0.01%, or $1 for every $10,000.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/01/29/salting-wounds-vanguard-will-charge-big-investors-0-01-for-some-index-funds/tab/print/
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