N🟁N

Vanguard announces major change to hundreds of funds and ETFs

Vanguard, a major player in the investment management industry, has announced significant changes to the minimum investment requirements for many of its mutual funds and ETFs. Previously, investors needed a minimum of $3,000 to invest in most of Vanguard's index funds, but this threshold has now been lowered to $1,000 for many funds. This adjustment aims to make investing more accessible to a broader audience, particularly those with less capital to start with. Additionally, Vanguard has eliminated the minimum investment requirement for its ETFs, allowing investors to buy shares with any amount of money. These changes reflect Vanguard's ongoing efforts to democratize investing, reduce barriers to entry, and cater to the growing trend of smaller, more frequent investments, especially among younger investors. The move is expected to attract more retail investors and could potentially increase the asset base of these funds.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/vanguard-announces-major-change-to-hundreds-of-funds-and-etfs/ar-AA1yyDQD ]