Vanguard Index Swap All About Cost
The switch from MSCI to FTSE and CRSP indexes for 22 Vanguard funds is all about three things, says Vanguard principal Joel Dickson: cost, cost, cost.
Jason Stipp: I'm Jason Stipp for Morningstar.
Vanguard this week announced changes to 22 benchmark index funds for some domestic and international stock funds; they are swapping out MSCI indexes and putting in indexes from FTSE and also from CRSP.
Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.