New Vanguard Mega Cap ETFs Launch
December 24th at 1:00pm by Tom Lydon
Vanguard launched three new exchange traded funds (ETFs) on the NYSE Arca. They seek to track three MSCI Indexes and each fund has an expense ratio of 0.13%, reports Aaron Seigel for InvestmentNews.
- Vanguard Mega Cap 300 Index Fund (MGV) tracks the MSCI Large-Cap US 300 Index
- Vanguard Mega Cap 300 Growth Index Fund (MGC) tracks the MSCI US Large-Cap Growth Index
- Vanguard Mega Cap 300 Value Index fund (MGK) tracks the MSCI US Large-Cap Value Index
The firm now has 37 ETFs listed and $1.3 trillion in assets.
