Author Topic: 401k changed funds... what's the difference? vfifx vs vtrlx  (Read 628 times)

jo552006

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401k changed funds... what's the difference? vfifx vs vtrlx
« on: January 10, 2018, 04:20:51 PM »
Hi all,

I've been googling trying to understand what has happened but have yet to get a simple answer.  I got a letter stating my investment allocation in my retirement account had moved from vanguard target retire 2050 to vanguard institutional target retire 2050.  If I understand this correctly, it is simply a change in funds from regular to institutional class and occurred because the company that manages my 401k decided to offer a different fund.  I can't tell the difference except that there seems to be a large price difference between the funds.

Can somebody explain what the difference between the funds is?

AdrianC

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Re: 401k changed funds... what's the difference? vfifx vs vtrlx
« Reply #1 on: January 10, 2018, 07:15:37 PM »
Institutional funds have a lower expense ratio. This is good.