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.
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