Home › Forums › Financial Markets/Economics › PSA: Vanguard Admiral Share Conversion (lower fees)
Just passing this along.
Vanguard just lowered the requirements for “Admiral” shares of the index and actively managed funds.
New limits are Index Funds: $10,000 qualifies for Admiral Shares Actively Managed: $50,000 qualifies for Admiral Shares.
They in the past were $100k per fund.
I have “Investor” shares. What’s different about Admiral shares?
[quote=DataAgent]I have “Investor” shares. What’s different about Admiral shares?[/quote]
Lower cost.
http://finance.yahoo.com/news/Vanguard-Strikes-Back-in-ms-4115720945.html?x=0&sec=topStories&pos=4&asset=&ccode=
Awesome…thanks Flu. I converted my investor grade shares to admiral shares.
Vanguard Total Stock Mkt Idx Adm (VTSAX) admiral shares has an expense ratio of 0.07%. Wow!
