Vanguard cuts fees on UK active range

Funds reach their three-year anniversaries

Vanguard has cut fees across four of its UK-domiciled active products as the bulk of the funds reach their three-year track records.

From today (19 June), annual fees on the Vanguard Global Equity fund, which is managed by Baillie Gifford and Wellington Management Company, and the Wellington-Vanguard-managed Global Equity Income fund fall from 0.6% to 0.48%. JPM to cut fees on US Smaller Cos IT Vanguard Global Equity has returned 57.3% over its three-year track record, compared to the IA Global sector average of 51.3%, according to FE. Over the same period, the equity income product has gained 44.7% compared to the IA Global Equity Income sector's average of 40.9%. Managed by Wellington, multi-asset product Vang...