Vanguard cuts fees for 10 sector ETFs

12/27/2012 |

Vanguard, America's third-biggest sponsor of exchange-traded funds, signaled that it isn't prepared to give up any ground in the financial industry's ETF fee war. The firm, which for years has been known as one of the most inexpensive providers of financial products, lowered its fees for 10 sector ETFs. The reductions apply to Vanguard's Health Care, Utilities, Consumer Discretionary, Energy, Consumer Staples, Materials, Industrials, Information Technology, Financials, and Telecom Services ETFs.

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