US asset manager Vanguard has slashed management fees on one of its best-selling European ETFs by more than a quarter.
Effective 28 July 2026, the Ongoing Charges Figure (OCF) of the Vanguard FTSE All-World Ucits ETF will be reduced from 0.19% to 0.14% – a fee cut of more than 25% that Vanguard estimates will save investors approximately US$37 million annually.
The ETF has become one of the most popular choices among European investors thanks to its simplicity and broad diversification. This year it has attracted more than $16 billion in net flows and now holds nearly USD 75 billion in assets, making it the fastest-growing global ETF available to European investors, according to Vanguard.
Jon Cleborne, Head of Europe at Vanguard, said: “Investing through a globally diversified, low-cost and highly liquid single-ETF portfolio has just become even more attractive.
“As one of Europe’s leading all-world equity ETFs, the Vanguard FTSE All-World UCITS ETF offers investors a simple way to access the growth potential of around 4,000 large- and mid-cap companies across global markets. This fee reduction reflects Vanguard’s longstanding commitment to using the benefits of our scale to lower costs and improve outcomes for investors.”
Vanguard claims to offer the lowest cost Ucits ETF range on an asset weighted basis in Europe. Following these latest changes, its average asset-weighted expense ratio across Vanguard’s European equity and fixed income ETF range will be 0.11%.
Over the past decade, the firm has implemented more than 80 fee reductions across its European mutual fund and ETF ranges, according to a press statement.
