Vanguard continues to
tweak its offerings, most recently by cutting fees on seven index funds and re-branding four ETFs.
"The reductions are a function of the way Vanguard funds operate," the firm explained in a statement. "When funds experience greater efficiencies (either through asset growth, operating cost reductions, or a combination of both), the savings are delivered to the fund owners in the form of lower expenses."
Today the mutual fund giant revealed expense ratio dips for:
Developed Markets Index (from 12 to 7 basis points for Institutional shares);
Emerging Markets Index (from 40 to 35 bps for Investor, 27 to 22 for Admiral, ETF and Signal, and 23 to 15 for Institutional);
European Stock Index and Pacific Stock Index (from 27 to 26 bps for Investor shares, 16 to 14 for Admiral, ETF and Signal and 12 to 10 for Institutional);
FTSE All-World ex-U.S. Index (from 40 to 35 bps for Investor and from 25 to 22 for ETF);
FTSE All-World ex-U.S. Small Cap (from 63 to 55 bps for Investor, from 40 to 33 for ETF and from 37 to 30 for Institutional);
and Total World Stock Index (from 50 to 45 bps for Investor, from 30 to 25 for ETF and from 25 to 23 for Institutional).
Meanwhile, four Vanguard ETFs just gained new names, mostly by adding in "MSCI". Vanguard Emerging Markets ETF is now Vanguard MSCI Emerging Markets ETF, Vanguard Europe Pacific ETF becomes Vanguard MSCI EAFE ETF, Vanguard Pacific ETF becomes Vanguard MSCI Pacific ETF, and Vanguard European ETF becomes Vanguard MSCI Europe ETF. 
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