Courtesy of InvestmentNews reporter Jason Kephart.

Vanguard Group, one of the world’s biggest issuers of ETFs, has announced they’re cutting the fees on 6 funds, including the world’s 3rd largest ETF by asset size, the $54 billion, EMG flagship “Vanguard MSCI Emerging Markets ETF” (VWO),  to 0.2%, a 9% reduction.

Not to let a good idea go to waste, fee reductions saving investors $15 million +/- in annual expenses will enure to the benefit of those buying the Vanguard Total World Stock ETF  (NYSE Arca: VT), the Vanguard All-World ex-U.S. ETF (VEU), the Vanguard FTSE All-World ex-U.S. Small Cap (VSS), the Vanguard Total International Stock Index (VXUS) and the Vanguard High Dividend Yield ETF (VYM).

Of course, there’s more to an ETF than just the expense ratio. Morningstar Inc. analyst Paul Justice said that when it comes to selecting the right fund, index-tracking and liquidity are as important, if not more so, than the expense ratio.

He added that Vanguard’s emerging-markets ETF has grown to its present size because it’s been the leader in all three of those categories for the longest period of time.”

To read the full article from InvestmentNews, click here