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IMPORTANT FEE INFORMATION: Vanguard funds may charge an annual account service fee of $20 for fund balances below $10,000. Vanguard offers other share classes of these funds with different investment minimums and expense ratios.

Please note: When comparing funds, please consider all important factors, including information pertaining to fund fees, fund features, and fund objectives. While funds may track an index, the indexes and strategies employed in seeking to achieve an investment goal may be different. Each fund's investment object and strategy and index tracked to achieve investment goals may differ. For new investors, funding investment minimums may be different.

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. ETFs are subject to market fluctuations of their underlying investments and may trade at a discount to NAV.

1. Fidelity beats Vanguard on expenses on 24 of 24 comparable stock and bond index funds, across all Vanguard share classes with a minimum investment of less than $3 billion. Total expense ratios as of December 30, 2020. Please consider other important factors including that each fund’s investment objectives, strategy, and index tracked to achieve its goals may differ, as well as each fund’s features and risks.

2. Fidelity now offers the Fidelity ZERO Large Cap Index Fund (FNILX), Fidelity ZERO Extended Market Index Fund (FZIPX), Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX) available to individual retail investors who purchase their shares through a Fidelity brokerage account.

3. Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.

4. Expense ratio is the total annual fund operating expense ratio from the fund's most recent prospectus. As of March 1, 2019, Fidelity contractually lowered fund operating expense ratios on all comparable funds.

IMPORTANT FUND OBJECTIVE/COMPARISON INFORMATION: Fidelity® 500 Index Fund (tracks S&P 500®), Vanguard 500 Index Fund (tracks S&P 500®); Fidelity® Extended Market Index Fund (tracks DJ US Completion Total Stock Market Index), Vanguard Extended Market Index Fund (tracks S&P Completion Index); Fidelity® Total Market Index Fund (tracks Dow Jones U.S. Total Stock Market Index), Vanguard Total Stock Market Index Fund (tracks CRSP U.S. Total Market Index); Fidelity Large Cap Growth Index Fund (tracks Russell 1000 Growth Index), Vanguard Large Cap Growth Index (tracks CRSP US large Cap Growth Index); Fidelity Large Cap Value Index Fund (tracks Russell 1000 Value Index), Vanguard Large Cap Value Index Fund (tracks CRSP US Large Cap Value Index); Fidelity® Mid Cap Index Fund (tracks Russell Midcap® Index), Vanguard Mid-Cap Index Fund (tracks CRSP U.S. Mid Cap Index); Fidelity Mid Cap Growth Index Fund (tracks Russell Midcap Growth Index), Vanguard Mid-Cap Growth Index (tracks CRSP US Mid Cap Growth Index ), Fidelity Mid Cap Value Index Fund (tracks Russell Midcap Value Index), Vanguard Mid-Cap Value Index (tracks CRSP US Mid Cap Value Index), Fidelity Small Cap Index Fund (tracks Russell 2000 Index), Vanguard Small Cap Index Fund (tracks CRSP US Small Cap Index); Fidelity Small Cap Growth Index Fund (tracks Russell 2000 Growth Index), Vanguard Small-Cap Growth Index (tracks CRSP US Small Cap Growth Index), Fidelity Small Cap Value Index Fund (tracks Russell 2000 Value Index), Vanguard Small-Cap Value Index (tracks CRSP US Small Cap Value Index), Fidelity International Index Fund (tracks MSCI EAFE Index), Vanguard Developed Markets Index Fund (tracks FTSE Developed ex US All Cap Index); Fidelity® Global ex U.S. Index Fund (tracks MSCI ACWI ex U.S. Index), Vanguard FTSE All-World ex-US Index Fund (tracks FTSE All-World ex-US Index); Fidelity Total International Index Fund (tracks MSCI ACWI ex US IMI Index), Vanguard Total International Index Fund (tracks FTSE Global All Cap ex US index); Fidelity Emerging Markets Index Fund (tracks MSCI Emerging Index), Vanguard Emerging Markets Index Fund (tracks FTSE Emerging Markets All Cap China A Transition Index); Fidelity® Real Estate Index Fund (tracks MSCI US IMI Real Estate 25/25 Index), Vanguard REIT Index Fund (tracks MSCI US REIT Index); Fidelity US Bond Index fund (tracks Bloomberg Barclays U.S. Aggregate Bond Index), Vanguard Total Bond Market Index Fund (tracks Bloomberg Barclays U.S. Aggregate Float Adjusted Index); Fidelity Municipal Bond Index Fund (tracks Bloomberg Barclays Municipal Bond Index), Vanguard Tax-Exempt Bond Index Fund (tracks S&P National AMT-Free Muni Bond Index), Fidelity Short Term Treasury Bond Index Fund (tracks Bloomberg Barclays 1-5 Year U.S. Treasury Index), Vanguard Short-Term Treasury Index Fund Admiral (tracks Bloomberg Barclays U.S. 1–3 Year Government Float Adjusted Index); Fidelity Intermediate Term Treasury Bond Index Fund (tracks Bloomberg Barclays 5-10 Year U.S. Treasury Index), Vanguard Intermediate-Term Treasury Index Fund Admiral (tracks Bloomberg Barclays U.S. 3–10 Year Government Float Adjusted Index); Fidelity Long Term Treasury Bond Index Fund (tracks Bloomberg Barclays U.S. Treasury Long Index), Vanguard Long-Term Treasury Index Fund Admiral (tracks Bloomberg Barclays U.S. Long Government Float Adjusted Index).; Fidelity Short-Term Bond Index Fund (tracks Bloomberg Barclays U.S. 1 – 5 Year Government/Credit Bond Index), Vanguard Short-Term Bond Index Fund (tracks Bloomberg Barclays U.S. 1 – 5 Year Government/Credit Bond Index); With the exception of the Fidelity 500 Index Fund and Vanguard 500 Index Fund which both track the S&P 500, the Vanguard and Fidelity funds track different indexes, which may have different characteristics an investor should consider. Fidelity and Vanguard funds have similar investment objectives. Fidelity MSCI Sector ETFs are passively managed ETFs indexed to the MSCI USA IMI Sector Indexes. Vanguard Sector ETFs are passively managed ETFs indexed to the MSCI U.S. IMI 25-50 Sector Indexes.

Third-party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or its affiliated companies.

Indexes are unmanaged. It is not possible to invest directly in an index.

System availability and response times may be subject to market conditions.

Diversification does not ensure a profit or guarantee against loss.

Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Before investing in any mutual fund or exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus, an offering circular, or, if available, a summary prospectus containing this information. Read it carefully.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

Sours: https://www.fidelity.com/mutual-funds/investing-ideas/index-funds

Do Vanguard ETFs Require a Minimum Investment?

Vanguard has a highly competitive selection of exchange traded funds (ETFs) available for purchase at numerous investment brokers' platforms. Vanguard ETFs typically use a passive investment approach and follow a particular stock or bond index.

1 share

The minimum investment cost of a Vanguard ETF.

Vanguard ETFs: Minimum Investment?

Unlike Vanguard's mutual funds, Vanguard ETFs do not have any strict minimum investment requirements because their shares are traded and treated as any other stock. While there is no minimum dollar amount for Vanguard ETFs, the minimum investment is the cost of one share. Depending on the ETF chosen, one share could cost as little as $50.

For example, as of June 23, 2021, Vanguard's VTIP ETF, reflecting short-term inflation-protected securities had a share price of $52.33. Meanwhile, VOO, which is Vanguard's ETF that tracks the S&P 500, had a share price of $389.76.

To give another example, the minimum investment for VTI, one of Vanguard's most popular ETFs that tracks the US stock market as a whole, had a share price of $220.83.

Advantages of Vanguard ETFs

Vanguard offers various ETFs with a wide spectrum of investment objectives at very low expense ratios. Because of its superior investment sampling methodology, Vanguard ETFs are popular and known for their low turnover ratios, low tracking errors, and low expense ratios. The Vanguard average ETF expense ratio comes in at about 0.06%, which is significantly below the ETF industry's average expense ratio of 0.24%.

Different Types of Vanguard ETFs

Vanguard offers different categories of ETFs that broadly specialize in investing in fixed-income securities or stocks. Currently, Vanguard offers more than 76 different ETFs. The majority of Vanguard ETFs invest in domestic stocks on U.S. equity markets, while the second-largest category of Vanguard ETFs is taxable bonds.

There are also a few ETFs in the international stocks and specialty categories. The specialty category includes ETFs that track the performance of an industry or sector-specific index, such as energy, financials, healthcare, and information technology.

Sours: https://www.investopedia.com/ask/answers/102915/do-vanguard-etfs-require-minimum-investment.asp
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ETF fees & minimums

See the potential impact Vanguard's low-cost ETFs can have on your savings over time compared with the industry average. Your savings have the potential to grow even more when you're invested for longer periods of time.

All examples assume an initial investment of $50,000 earning 6% each year.

At Vanguard you could save $3,814 over 10 years based on Vanguard's average ETF expense ratio of 0.14%, which results in a cost of $1,246 in this scenario, compared with the industry average expense ratio of 0.58%, which results in a cost of $5,060.

Over 20 years, you could save $13,180 based on costs of $4,431 at Vanguard compared with $17,611 at the industry average. Stay invested for 30 years and you could save $34,165 based on costs of $11,820 at Vanguard compared with $45,985 at the industry average.

If the rate of return were altered, results would vary from the hypothetical examples provided. The final balances described are after costs. These examples do not represent any particular investment and do not account for inflation. There may be other material differences between investment products that must be considered prior to investing.

All averages are asset-weighted. Industry averages exclude Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2020.

Sours: https://investor.vanguard.com/etf/fees

10 Best Vanguard Funds for Beginning Investors

Many new investors turn to Vanguard funds to get them started. That's because Vanguard is one of the largest investment companies in the world.

Vanguard makes it easy to invest with many high-quality, low-cost, no-load mutual funds available. Since there are so many funds to choose from, we make it easy with a list of top-notch Vanguard funds.

Investing in Just One Fund With Vanguard

Most beginning investors don't start their first portfolio off with a variety of mutual funds. They either need to keep things simple or don't have the cash to meet the required minimum investment.

One mutual fund is not always enough to be diversified, and it's not only new investors who should keep that in mind.

These three balanced funds from Vanguard are good options if you want to start by investing in only one fund:

  • Vanguard Wellesley Income Investor Shares (VWINX): This fund has a balance of roughly one-third stocks and two-thirds bonds, which makes for a fairly low-risk way to get started. Keep in mind that lower risk usually means lower average returns, compared to stock funds, because stock funds carry higher market risks. Still, VWINX has been a top performer, compared to other conservative allocation funds. VWINX has a $3,000 minimum initial investment requirement.
  • Vanguard Star Fund (VGSTX): This fund invests in roughly 60% stocks and 40% bonds and short-term reserves, which makes for a medium-risk stock fund that is good for those with medium risk tolerance and long-term investment objectives. This fund only requires a $1,000 minimum initial investment.
  • Vanguard Target Retirement 2050 (VFIFX): Vanguard has a few different target retirement funds to choose from. VFIFX can serve as a good example. These types of funds, also called "target-date retirement funds," invest in a way that fits the length of time. The longer the time until the target year, the higher the number of stocks in the fund. As the target year gets closer, the allocation will slowly shift to bonds. VFIFX is for people who are planning to retire around the year 2050. It has a minimum initial investment of $1,000.

Passive Investing With Vanguard Index Funds

Index mutual funds match or track the components of a market index, so they often combine broad market exposure with low portfolio turnover and expenses. Vanguard has dozens of index funds. Here, we highlight some good ones for new investors. All of those listed below have a $3,000 minimum initial investment.

  • Vanguard Balanced Index (VBIAX): Like the Vanguard Star fund, this fund has a moderate allocation of roughly 60% stocks and 40% bonds, making it a medium-risk stock fund. It's good for those with medium risk tolerance and long-term investment objectives. And because it blends stock and bond indexes, it's like having two Vanguard index funds in one. 
  • Vanguard 500 Index (VFIAX): This was the first index fund for individual investors, and it tracks the Standard & Poor's 500 Index (S&P 500). It's one of the best ways to gain exposure to a large segment of the U.S. stock market in just one mutual fund. Although investing in 500 of the largest companies in the U.S. provides diversification, the fund's 100% exposure to stocks could mean more risk if you don't own other funds. VFIAX can be an outstanding fund to use as the core of a portfolio that contains other funds.
  • Vanguard Total Stock Market Index Admiral Shares (VTSAX): This fund offers exposure to the entire U.S. stock market at a low cost. It is like Vanguard 500 Index; however, instead of getting exposure to about 500 of the largest U.S. stocks, you get exposure to more than 3,000 stocks for companies of different sizes.
  • Vanguard Total Bond Market Index Admiral Shares (VBTLX): This fund is like VTSAX, but instead of investing in the entire U.S. stock market in one mutual fund, you get the entire U.S. bond market in one fund. So, when you're ready to expand your portfolio and balance the risk with a low-cost, diversified bond index fund, VBTLX could be a good choice.
  • Vanguard Total International Stock Market Index Admiral Shares (VTIAX): By now, you're catching on to the "total market" idea. This fund offers coverage of stocks around the entire world outside of the U.S. If you're ready to diversify your portfolio by adding foreign stock, you can do it with VTIAX.

Vanguard Small-Cap Stock and Sector Funds

Once you've built your portfolio around the basics of large-cap U.S. stocks, international stocks, and bonds, you might want to add a more aggressive fund. This can add more diversity and potential for higher returns. You might take a look at a small-cap stock fund and maybe a few sector funds.

Here are two Vanguard funds that could meet those needs. Each of them has a $3,000 minimum initial investment.

  • Vanguard Explorer Investor Shares (VEXPX): This fund invests in more than 600 small-cap stocks, which are seen as more aggressive than large-cap stocks. But this high relative risk can translate into higher returns in the long run. Exposure to hundreds of different stocks can reduce risk, compared to more concentrated small-cap stock funds.
  • Vanguard Health Care Investor Shares (VGHCX): This fund invests completely in the health care sector, which includes pharmaceutical firms, medical supply companies, and research firms. Thanks to advances in technology and an aging population, VGHCX has been a top-performing fund for more than 25 years. But keep in mind that investing in just one sector is generally a bigger risk than investing in a broadly diversified stock index fund.

Bottom Line

Vanguard funds are some of the best mutual funds for beginners, because of their wide variety of no-load funds with low expense ratios. But even advanced investors and other professionals use Vanguard funds.

Once you become more experienced, you may be able to combine several of these Vanguard funds into one portfolio. 

The Balance does not provide tax, investment, or financial services or advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal.

Frequently Asked Questions (FAQs)

What are the best Vanguard funds for long-term investors?

The best Vanguard funds for long-term investors are those that have lower expense ratios than other funds. We have broken down the top 10 Vanguard funds for long-term investors so you can find the best options for you.

How much do you need to start a Vanguard account?

You don't need any money to start a Vanguard account as long as you receive documents online. However, the minimum amount for funds begins at $1,000, and most require at least $3,000.

Sours: https://www.thebalance.com/best-vanguard-funds-beginners-4052380

Vanguard minimum investment

How To Invest in Vanguard Mutual Funds

With over $6.2 trillion in global assets under management, Vanguard is one of the largest and most well-respected investment firms in the U.S. Vanguard offers a wide range of low-cost mutual funds, offering investors options for strong performance and market diversification. Here’s everything you need to know about Vanguard’s mutual funds.

Overview of Vanguard Mutual Funds

When you buy shares in Vanguard mutual funds, you are investing in hundreds or even thousands of securities at once, providing excellent diversification. Vanguard is famous for having launched the first index mutual fund for individual investors. Index funds match the performance of market indexes, such as the S&P 500 or the Dow Jones industrial average.

Vanguard has more than 130 mutual funds to choose from in the following asset classes:

  • Money market funds: Relatively low-risk investments, money market funds invest in short-term investments issued by U.S. corporations and federal, state and local government agencies.
  • Bond funds:Bond funds have a higher risk than money market funds, but they can provide stability to supplement stock investments.
  • Stock funds: With stock funds, you can invest in domestic or international companies of all sizes and industries.
  • Target date funds: Target date funds invest in a mix of stocks, bonds and other securities. As you approach your target date, the fund becomes increasingly conservative to mitigate risk.

How Mutual Funds Work

Mutual funds are a popular choice for investors. Rather than investing in individual stocks, a mutual fund pools money from investors and buys portfolios of securities like stocks, bonds and short-term debt.

Mutual funds are professionally managed, so a fund manager does the research on what securities to purchase for you. When you purchase a share of a mutual fund, you may get instant diversification, because mutual funds typically invest in a range of companies and industries at once. Investing in a mutual fund instead of individual stocks helps lower your risk. If one security performs poorly, the other securities can offset its losses.

Actively Managed Funds vs. Passive Funds

Actively managed funds attempt to outperform a benchmark index. The portfolio manager selects securities for the fund according to the fund’s criteria. That means there may be more trades, more effort required by management and more taxable capital gains. This is also why fees are generally higher with actively managed funds. The minimum investment for most Vanguard actively managed funds is $50,000.

Index funds are passively managed mutual funds, where the goal is to match the performance of a certain index or benchmark, rather than outperform it. The fund manager will buy all—or a representative sample—of the stock or bonds in the index. There are fewer trades, so there are usually fewer taxable capital gains. Fees are generally lower for passively managed index funds. For most Vanguard index funds, the minimum investment is $3,000.

How Mutual Funds Earn Money

You earn money with mutual funds in three ways:

  • Dividend payments: The mutual fund can earn income from dividends on stock or interest from bond. Shareholders will get almost all of the income, minus expenses.
  • Capital gains distributions: The price of the securities within the mutual fund can increase over time. If that happens and the fund sells a security, the fund has a capital gain. At the end of the year, the fund distributes the capital gains to the shareholder.
  • Increased market value: If the market value of the portfolio increases (after subtracting the portfolio’s expenses) the value of the fund and its shares increases.

What Sets Vanguard Mutual Funds Apart?

Vanguard is known for its relatively low costs. According to the company, its average expense ratio—which is the cost you pay for administrative and operational costs— is 0.10%. The industry average expense ratio is 0.57%.

Vanguard offers a broad selection of no-load mutual funds, meaning there are no sales fees on either the front end or back end when you buy or sell fund shares. The firm’s funds are known for their reliable performance: According to Vanguard, 87% of its no-load mutual funds performed better than their peer-group averages over the past 10 years.

To give you an idea of typical returns, we looked at five of Vanguard’s mutual funds and how they performed over the past decade. We also consulted Morningstar to see how it rated these funds. Morningstar analyzes past returns and assigns funds a star rating based on how well the fund has compensated shareholders for the risk they took on. The best performers receive five stars, while the worst receive just one star. We found that Vanguard’s funds were consistent high performers, with three of the five receiving five stars.

*All annual return figures good as of June 30, 2021.

Vanguard Admiral Shares vs Vanguard Investor Shares

Vanguard offers two classes of shares to individual investors: Admiral Shares and Investor Shares. Vanguard Admiral Shares cost $3,000 for most index funds and $50,000 for most actively managed mutual funds. Certain sector-specific Vanguard index funds charge $100,000 for Admiral Shares.

In the past, Admiral Shares were much more expensive than Investor Shares, although their prices have fallen considerably. Vanguard originally implemented the two-share structure to pass along savings when shareholders would invest more money with a fund.

Most Vanguard index funds no longer offer Investor Shares to new investors—the few that do charge $3,000 per share. Note that Vanguard Target Retirement Funds and the Vanguard STAR Fund still offer $1,000 Investor Shares. Investor Shares in actively managed Vanguard mutual funds cost $3,000.

How to Choose a Mutual Fund

When evaluating mutual funds, consider your risk tolerance and your financial goals. Once you’ve balanced your tolerance for risk against your goals, pick a mutual fund that meets your needs.

For example, if you’re a recent college graduate and are 30 to 40 years years away from retirement, picking a target-date fund that is more aggressively invested in stocks makes sense since you have more time to invest. By contrast, if you’re closer to retirement age, you may want to invest more of your money in a conservative money market or bond fund.

If you’re trying to decide between an index fund and an actively managed fund, keep in mind that actively managed funds have higher fees and much higher investment minimums. Make sure you are comfortable with the higher cost and increased risk before investing your money.

How to Buy Vanguard Mutual Funds

You have three choices for buying shares of Vanguard mutual funds:

1. Open an Account with Vanguard

You can open a brokerage account with Vanguard online. You can choose a taxable investment account, open an individual retirement account (IRA), a solo 401(k), SEP IRA, SIMPLE IRA, UGMA/UTMA or a 529 college savings account. The process takes just a few minutes, and you can link your bank account with your Vanguard account, or roll over funds from another investment account. Once the account is open, you can buy and sell mutual fund shares through your Vanguard account dashboard.

2. Buy Vanguard Mutual Funds in Your Retirement Plan

If you have an employer-sponsored retirement plan, such as a 401(k) or 403(b), you may be able to purchase shares of Vanguard mutual funds if they are among your investment choices.

3. Open an Online Brokerage Account

You can also open a brokerage account with another company like TD Ameritrade, Fidelity, E*Trade or Charles Schwab. With a taxable online brokerage account, you can buy and sell investments like Vanguard mutual funds, exchange-traded funds (ETFs) and individual stocks. Online brokerage account minimums and fees can vary from company to company, so do your homework before opening an account.

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Sours: https://www.forbes.com/advisor/investing/vanguard-mutual-funds/
How to buy Vanguard Index Funds/ETF In 7 Minutes (2020)

Costs, fees & minimums


footnote*Vanguard average expense ratio: 0.09%. Industry average expense ratio: 0.54%. All averages are asset-weighted. Industry averages exclude Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2020.

footnote**Vanguard Digital Advisor is an all-digital service that targets an annual net advisory fee of 0.15% across your enrolled accounts, although your actual fee will vary depending on the specific holdings in each enrolled account. To reach this target, Vanguard Digital Advisor starts with a 0.20% annual gross advisory fee to manage Vanguard Brokerage Accounts. However, we’ll credit you for the revenues that The Vanguard Group, Inc. ("VGI"), or its affiliates receive from the securities in your Digital Advisor managed portfolio (i.e., at least that portion of the expense ratios of the Vanguard funds held in your portfolio that VGI or its affiliates receive). Your net advisory fee can also vary by enrolled account type. The combined annual cost of Vanguard Digital Advisor's annual net advisory fee plus the expense ratios charged by the Vanguard funds in your managed portfolio will be 0.20% for Vanguard Brokerage Accounts. For more information, please review Form CRS and the Vanguard Digital Advisor Brochure.

Vanguard Digital Advisor’s services are provided by Vanguard Advisers, Inc. ("VAI"), a federally registered investment advisor. VAI is a subsidiary of VGI and an affiliate of VMC. Neither VAI, Digital Advisor, VGI, nor VMC guarantees profits or protection from losses.

footnote***Some funds have higher minimums to protect the funds from short-term trading activity. Fund-specific details are provided in each fund profile.

You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). See the Vanguard Brokerage Services commission and fee schedules for limits. Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.

Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company.

The services provided to clients who elect to receive ongoing advice will vary based upon the amount of assets in a portfolio. Please review the Forms CRS and Vanguard Personal Advisor Services Brochure for important details about the service, including its asset-based service levels and fee breakpoints.

Sours: https://investor.vanguard.com/investing/investment-fees

Now discussing:

Vanguard mutual fund fees & minimums

Expense ratios

The average Vanguard mutual fund expense ratio is 83% less than the industry average.*

See the difference low-cost mutual funds can make

See how Admiral™ Shares help keep your costs under control

Account service fees

Account service fees are automatically waived when you register for secure access to our website and let us send account documents to you electronically. They're also waived for clients with at least $50,000 in qualifying Vanguard assets.

If none of those waivers apply, a $20 fee will be charged annually for each fund account in which you have a balance of less than $10,000.

Avoid account service fees by signing up for e-delivery

See what you get as a Voyager or Flagship Services client

Purchase & redemption fees

Very few Vanguard funds charge fees when you buy and sell shares. The fees are designed to help those funds cover higher transaction costs and protect long-term investors by discouraging short-term, speculative trading.

Fees vary from 0.25% to 1.00% of the amount of the transaction.

See which funds charge purchase & redemption fees

Fees you won't pay at Vanguard

Vanguard funds never charge front-end or back-end loads or other sales commissions.

And you'll have access to thousands of commission-free ETFs and more than 160 no-transaction-fee mutual funds from Vanguard and other companies.**

Sours: https://investor.vanguard.com/mutual-funds/fees


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