Vanguard Reduces Minimums for Admiral Shares

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Great news for those of you with Vanguard mutual funds.  Vanguard is drastically cutting the minimums for Admiral Shares in many of its funds this month.  The switch from Investor to Admiral shares will happen automatically but may not happen overnight. Here’s a link to the Morningstar article:

http://news.morningstar.com/articlenet/article.aspx?id=354589