Vanguard, Dimensional Cut Operating Expense Ratios

The Vanguard Group and Dimensional Fund Advisors lowered Operating Expense Ratios on six mutual funds that UESP uses as underlying investments in six investment options. Prospectus dates on 12 funds also were changed.

See the effect of the lower Operating Expense Ratios by viewing the Asset Fee Structure Table and the Approximate Cost of a $10,000 Investment Table.

The Vanguard fund changes are detailed below.

Vanguard
Underlying Fund Ticker Symbol New Operating Expense Ratio Old Operating Expense Ratio New Prospectus Date
Vanguard Emerging Markets Stock Index Fund VEMRX 0.09% 0.10% February 24, 2017
Vanguard Total International Bond Index Fund VTIFX 0.07% 0.09% February 23, 2017
Vanguard International Value Fund VTRIX 0.43% 0.46% February 23, 2017

Vanguard Emerging Markets Stock Index Fund (VEMRX) is an underlying investment in these investment options:

  • Age-Based Aggressive Global
  • Age-Based Moderate
  • Age-Based Conservative
  • 70% Equity/30% Fixed Income
  • 20% Equity/80% Fixed Income

Vanguard Total International Bond Index Fund (VTIFX) is available as an underlying investment only in the Customized Age-Based and Customized Static investment options. It isn’t a component of other investment options.

Vanguard International Value Fund (VTRIX) was closed to new investments as an underlying investment in the Customized Age-Based and Customized Static investment options as of July 25, 2011.

The Dimensional fund changes are detailed below.

Dimensional
Underlying Fund Ticker Symbol New Operating Expense Ratio Old Operating Expense Ratio New Prospectus Date
Global Equity Portfolio DGEIX 0.30% 0.31% February 28, 2017
Global Allocation 60/40 Portfolio DGSIX 0.28% 0.29% February 28, 2017
Global Allocation 25/75 Portfolio DGTSX 0.25% 0.26% February 28, 2017
DFA Five-Year Global Fixed Income Portfolio DFGBX N/A N/A February 28, 2017
U.S. Large Cap Value Portfolio DFLVX N/A N/A February 28, 2017
U.S. Small Cap Value Portfolio DFSVX N/A N/A February 28, 2017
DFA Real Estate Securities Portfolio DFREX N/A N/A February 28, 2017
DFA International Value Portfolio DFIVX N/A N/A February 28, 2017
DFA One-Year Fixed Income Portfolio DFIHX N/A N/A February 28, 2017

Dimensional funds are available as underlying investments only in the Customized Age-Based and Customized Static investment options. They aren’t components of other investment options.