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Originally Posted by DAVES
FYI T Rowe has a similar set up. I do not recall what they call it. ?????? pehaps we saw we were loosing too many customers to Vanguard shares. Admiral shares, you need to have 50,000 in the fund and it reduces the management fee by roughly a third. T Rowe is similar. Fidelity has a similar deal offered to company retirement plans same fund different trading code. The more you learn the more HUH it gets. Many Funds hold other funds hold Berkshire hathaway. HUH. You can buy partial shares why pay a management fee?.
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Rowe Price reduces by 20%.