Holy cow, that's cheap (in a good way)! To me it feels like Vanguard needs to make up for the (apparently huge) losses they suffered from their failed brokerage (Vanguard Invest Direct) by not lowering the expense ratio of their funds. After all, just the global ETFs have 10x the assets they had when the ER was lowered in 2019 so there must be some economies of scale to pass on. Honestly, Vanguard Europe benefits from the reputation of Vanguard USA but I don't feel they come even close to being the "low cost market leader".There's yet a newer, cooler kid on the block (since a few weeks):
Amundi Prime All Country World UCITS ETF Acc
ISIN: IE0003XJA0J9
TER: 0,07%
let's hope this this motivates decreases in fees for the incumbents (looking at you, Vanguard).
Statistics: Posted by Bernmaster — Mon Jul 08, 2024 5:01 am