ETF Trends
ETF Trends

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.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.