Vanguard cut the fees on seven of its bond ETFs this week. For the full list see the table below.
I got a heads-up on this fee-flailing from a thoughtful Monevator reader. They speculated that perhaps the price cuts were needed to gee up enthusiasm for bonds after the big crash of 2022.
Given the scorn that some Monevator commenters heap upon bonds nowadays, I can see where this thinking comes from. But I don’t believe it’s right.
In fact money has been pouring into bonds recently.
UK bond funds recorded net inflows of £57bn in 2024, after two years of outflows.
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