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, May 11, 2012 Vanguard Execs Cut Fees in a 529 On Monday the Vanguard [profile] 529 team slashed fees on New York's direct-sold plan. The shift, to 17 basis points from 25 bps, will make the Upromise Investments-powered New York plan the cheapest national one, Morningstar reports. The NY 529 advisor sold plan also just changed on Monday, with J.P. Morgan Asset Management [profile] taking over from Columbia Management [profile]. The change in manager was announced by the state last year. Because of the shift, the plan is now named the New York's 529 Advisor-Guided College Savings Plan. Printed from: MFWire.com/story.asp?s=39986 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |