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The Vanguard Group on Monday slashed fees across nearly 90 mutual funds and ETFs, which the investment management giant called the largest expense ratio reductions in its almost 50-year history.
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The company’s sweeping expense ratio cuts for dozens of funds may pressure other asset managers to lower their costs too.
"The reductions will save Vanguard's investors more than $350 million in 2025 alone, the largest annual expense ratio ...