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FYI:Fee wars continue. On Friday, Vanguard cut expense ratios for 68 mutual fund and exchange-traded fund shares, as if it wasn’t already one of the lowest-cost investment product providers out there. This would make it round three of fee reductions, bringing the total cumulative savings of $143 million across 124 fund shares over the last three months. Regards, Ted http://blogs.barrons.com/focusonfunds/2017/02/24/vanguard-cuts-fees-again/tab/print/
Different business model in mutual fund business. It is a very tough act to follow for Fidelity and T. Rowe Price on fee alone. T. Rowe Price has a number of excellent actively managed funds but many are closed to new investors. Between my 401(K) and IRA I use both T. Rowe Price and Vanguard.
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