Why no Total World Stock Index admiral shares?

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Gort
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Why no Total World Stock Index admiral shares?

Post by Gort »

Friends,
The Total World Stock index mutual fund has an ER of 0.35%. The corresponding ETF has an ER of 0.19%. Why do you think Vanguard doesn't offer admiral shares of the mutual fund with an ER closer to the ETF? Would be nice of they did.
Thanks,
Gort
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Index Fan
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Re: Why no Total World Stock Index admiral shares?

Post by Index Fan »

Funny you should bring this up- I was just looking at that fund and would be interested in it in a taxable account, but the ER is too high. Heck, Vanguard Total International Stock Index Fund Investor Shares (VGTSX) is only 22 basis points.
"Optimum est pati quod emendare non possis." | -Seneca
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momar
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Re: Why no Total World Stock Index admiral shares?

Post by momar »

Too new and/or too small. I'm sure they'll offer them eventually.
"Index funds have a place in your portfolio, but you'll never beat the index with them." - Words of wisdom from a Fidelity rep
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abuss368
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Re: Why no Total World Stock Index admiral shares?

Post by abuss368 »

I would not get to upset. Historically, it appears that a fund grows to a certain size and then Vanguard begins to lower the expense ratio and offer Admiral shares.

All good things in time.
John C. Bogle: “Simplicity is the master key to financial success."
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