The shift is “expected to result in considerable savings for the funds’ shareholders,” Vanguard said at the time.
In a press release this week, the firm said VGK and VPL reported 2012 expense ratios of 0.12%, a decline of 2 basis points from 2011. “The current expense ratios of the funds will not be immediately affected by the transition, although Vanguard expects that the licensing agreements with FTSE will enable the firm to deliver lower costs over time,” Vanguard said.
Vanguard FTSE Europe ETF
