Our strong relationship with Vanguard is allowing us to make a few changes in your favor. We have been able to capture a significant benefit related to the funds we use with Vanguard. While several ticker names will change slightly, the important differences to notice are the expense ratios associated.
Three funds will now offer 62% reduction in expense.
Please also note that this change has no associated fees (free receipts, and free deliveries for all transactions) & no tax consequence.
These model-based Vanguard funds will offer significant reduction in expense.
These Signal shares will become Admiral shares with no change in expense.
These changes will be fully implemented by September 30th, but you may start seeing transactions as early as today. Please contact your Relationship Manager with any questions, and he or she will gladly explain the details of the change.
We appreciate your business,
The Trust Company