U.S. broker Charles Schwab’s launch this week of 8 new exchange traded funds (ETFs) could be a watershed event for providers and users of ETFs and mutual funds. What’s remarkable is that they have fixed their management expense ratios (MERs) even lower than the Vanguard ETFs and are allowing their ...

The tax efficiency of Vanguard exchange traded funds (ETFs) may be different than other ETFs. That’s because they are actually a special share class of Vanguard’s Index Mutual Funds, as Preet Banerjee notes on his wheredoesallmymoneygo.com blog.

There apparently is a rumor going around that Vanguard Group may buy Barclay’s iShares family of exchange-traded funds before the June 16 deadline that Barclays’ has for shopping the asset around (hat tip to Preet Banerjee). There will be a big break-up fee of $175-million (U.S) to pay CVC Capital ...