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MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Wednesday, April 3, 2013 Vanguard vs. The FT Bill McNabb says you shouldn't believe everything you read in the Financial Times. Yesterday the international business newspaper posted a Vanguard [profile] article from its Ignites subsidiary. Armed with a quote from Vanguard retail chief Nick Blake, the article wonders if the low-cost mutual fund titan will launch a zero-expense ratio ETF. Yet a Vanguard dismisses that speculation as nonsense. Company spokesman told Brendan Conway of Barron's that "Vanguard has no plans to offer a zero expense ETF." Printed from: MFWire.com/story.asp?s=43480 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |