MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, September 16, 2005 Vanguard Revises Redemption Fees Vanguard is revising redemption fee policies for its five Tax-Managed funds. Investors will be charged a two percent redemption fee for shares held less than one year and a one percent fee for shares held less than five years. The changes apply to Vanguard's Tax-Managed Balanced Fund, Tax-Managed Growth and Income Fund, Tax-Managed Capital Appreciation Fund, Tax-Managed Small-Cap Fund; and Tax-Managed International Fund. Previously, Vanguard assessed a two percent redemption fee on shares held for less than five years. The changes were effective at the close of business on September 14. Printed from: MFWire.com/story.asp?s=10463 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |