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Vanguard Minimum Investment Cuts Overdue

The shift to lower minimums on less expensive Admiral shares is welcome but late, says Morningstar's Ben Johnson.

Jeremy Glaser: For Morningstar I'm Jeremy Glaser. I'm here with Ben Johnson, he's our director ETF research, to look at some changes that Vanguard's making to its pricing structure and what it could mean for investors.

Ben, thanks for joining me.