Vanguard Rivals Finally Get Hands On Its Tax-Busting Fund Design
NegativeFinancial Markets

For over 20 years, Vanguard Group has enjoyed a unique fund design that combined the benefits of ETFs with mutual funds, saving investors billions. However, this competitive advantage is now at risk as rivals finally gain access to this tax-efficient structure. This shift could significantly impact the American investment landscape, as Vanguard's innovative approach has been a key factor in its growth to an $11 trillion firm. The loss of exclusivity may lead to increased competition and changes in how investors approach their portfolios.
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