Vanguard Pacific Stock Index Fund expenses

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Vanguard Pacific Stock Index Fund expenses examines the history of the fund's measurable expenses: the management fees[note 1] and the commission ratio, which measures the cost of fund brokerage commission expense.

Expense Ratios and Turnover [1]
Year Investor ER Admiral ER
[note 2]
ETF ER Turnover
[note 3]
Fund CR
[note 4] [note 5] [note 6]
Benchmark tracker
[note 7]
2016 0.26% 0.10% 0.10% 4% xxx
FTSE Group logo.jpg
Developed Asia Pacific
2015 0.26% 0.12% 0.12% 14% 0.007
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Developed Asia Pacific
2014 0.26% 0.12% 0.12% 5% 0.002
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Developed Asia Pacific
2013 0.26% 0.12% 0.12% 22% 0.008 Transition to
FTSE Group logo.jpg
Developed Asia Pacific
2012 0.26% 0.12% 0.12% 4% 0.002
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Developed Pacific
2011 0.26% 0.14% 0.14% 4% 0.001
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Developed Pacific
2010 0.26% 0.14% 0.14% 3% 0.006
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Developed Pacific
2009 0.27% 0.16% 0.16% 8% 0.005
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Developed Pacific
2008 0.22% 0.12% 0.11% 9% 0.022
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Developed Pacific
2007 0.22% 0.12% 0.12% 3% 0.007
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Developed Pacific
2006 0.27% 0.17% 0.18% 2% 0.016
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Developed Pacific
2005 0.32% 0.20% 0.18% 7% 0.013
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Developed Pacific
2004 0.34% 0.25% - 3% 0.010
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Developed Pacific
2003 0.39% 0.30% - 3% 0.019
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Developed Pacific
2002 0.40% 0.30% - 20% 0.055
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Developed Pacific
2001 0.37% 0.32% - 2% 0.013
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Developed Pacific
2000 0.38% - - 6% 0.020
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Developed Pacific
1999 0.40% - - 6% 0.061
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Developed Pacific
1998 0.35% - - 4% 0.040
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Developed Pacific
1997 0.35% - - 8% 0.062
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Developed Pacific
1996 0.35% - - 9% -
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Developed Pacific
1995 0.35% - - 1% -
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Developed Pacific
1994 0.32% - - 4% -
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Developed Pacific
1993 0.32% - - 7% -
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Developed Pacific
1992 0.32% - - 2% -
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Developed Pacific
1991 0.32% - - 21% -
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Developed Pacific
1990 0.35% - - 2% -
MSCI logo.jpg
Developed Pacific

Transaction fee history

  • 1.0% purchase fee from 1995 to 1/1/1997
  • 0.5% purchase fee from 1/1/1997 through 3/31/2000

Notes

  1. Chart:Expense ratio

    google drive spreadsheet
  2. On October 6, 2010 Vanguard reduced the minimum requirements for Admiral Shares to $10,000. Vanguard lowers the cost of investing again
  3. The fund's higher than average turnover in fiscal year 2002 was due to a reformulation of the MSCI international indexes.
  4. The Fund CR (Commission Ratio) is derived by dividing the brokerage commissions paid by the fund into a fund's average net assets. Brokerage commission expense is the only transaction expense that can be quantified. Additional transaction costs, such as spread costs and market impact costs, must be estimated. Vanguard provides only aggregate, not individual, international index fund brokerage commission expense prior to 1997. See table for data, derived from annual reports and EDGAR NSAR filings:
    Passive table

    (View Google Spreadsheet in browser, then File --> Download as to download the file.)
  5. From 2010 SAI: The delayering of fund-of-funds investments in the fiscal year 2009 resulted in fewer portfolio transactions and fewer brokerage commissions during the period.
  6. From 2013 SAI: Portfolio rebalancing in response to the benchmark index change for the Fund resulted in an increase in brokerage commissions for the Fund during the fiscal year ended October 31, 2013.
  7. The fund has tracked two benchmarks over its history:
    • MSCI Pacific Index through March 26, 2013;
    • FTSE Developed Asia Pacific Index thereafter.

References