FYI: Though I’ve been an indexer for three decades, my religion has been in mutual funds, not ETFs, as I believed mutual funds were superior in six ways.
But Vanguard has now lowered expense ratios for my three core index funds in the ETF share class but not the Admiral Share class mutual funds. Because Vanguard allows tax-free conversions in some funds, I thought I’d convert a small portion of my account before deciding upon a recommendation to others.
Here’s my analysis and decision as to whether I’ll be converting the rest of my portfolio.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/converting-vanguard-mutual-funds-etfs?nopaging=1
