The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: jo552006 on January 10, 2018, 04:20:51 PM
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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?
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Institutional funds have a lower expense ratio. This is good.