Vanguard quickly shoots down a FT article suggesting the firm is leaning towards free ETFs,...


Vanguard quickly shoots down a FT article suggesting the firm is leaning towards free ETFs, telling Barron's all investment products have costs, and Vanguard has no intention of eating them. It may not matter, writes Brendan Conway. With ETF expense ratios of 4 of 5 basis points, factors like tracking error are of more import.

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