FYI:
When investors think of Vanguard, they think of index funds.
But the $3 trillion mutual fund giant oversees more than just low-cost passively managed benchmark funds linked to the S&P 500 and other indexes.
New Vanguard fund launches in the U.K. on Wednesday highlight how the low-cost king of mutual fund investing is expanding its footprint overseas - continuing to extend its low-fee brand to active management as well, in what may be a test-run at product launches back home.
Regards,
Ted
http://www.philly.com/philly/business/20160527_Vanguard_launches_new_funds_in_the_UK.html
