If you’re a UK based investor who’s interested in keeping investment expenses low then it’s highly likely that you’re using Vanguard index and exchange traded funds (ETFs). If that’s you then on Wednesday there was some good news with Vanguard lowering many of the annual expenses associated with these funds. Full details are here which contains a list of the OCF reductions.
In most cases the reduction is well less than 0.1% but I’ll still definitely take it. Less than 0.1% might not sound like much but I know for me personally every 0.1% reduction in expenses I can find is worth £1,400 more in my pocket annually. Now that does sound like a lot!
