The Vanguard Group

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Title: The Vanguard Group

Essay Details:

Subject: Business

Author: Jeffrey C

Date: November 27, 2016

Level: University

Grade: A

Length: 8 / 2323

Essay text:

Vanguard offers 130 funds to US investors and 40 additional funds in foreign markets. Vanguard's corporate structure creates two major benefits for its shareholders: · Tremendous cost savings · Services with an unwavering client focus Admiral Shares were introduced by Vanguard in November 2000 to recognize and encourage the cost savings associated with large and long-tenured accounts by passing along these savings to these shareholders in the form of lower fund expense ratios. Vanguard is simplifying the eligibility criteria for Admiral Shares and lowering the account balance requirements, effective May 10, 2005...

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