Part 4/7:
A significant source of confusion arises from misconceived notions about what Vanguard represents. Understanding Vanguard as two distinct entities is crucial: it serves as both an ETF provider and an investment platform.
Vanguard as a Platform: This is the service through which investors manage and hold their investments. The upcoming fees affect this platform specifically.
Vanguard ETFs: These are the investment products themselves, which carry their own separate fees based on fund management. Notably, these ETF fees will remain unchanged amid the platform fee increases.