Vanguard: Vanguard Shakes Up Explorer Value Fund Team...

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Published Time: 03.06.2024 - 20:06:01 Modified Time: 03.06.2024 - 20:06:01

The changes are effective today, a Vanguard representative said. Vanguard

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Vanguard expects the expense ratio to increase to .53% from .49% as a result of the advisory team changes while saying the fund will continue to be in its peer group’s lowest-cost quartile.

Wellington Management is Vanguard’s largest and longest-serving external advisor. The Small Cap Value Opportunities team has extensive small-cap investing experience, a differentiated investment process, competitive long-term results, and its portfolio effectively complements the fund’s current advisors, Vanguard said.

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