Vanguard Group of Funds of Valley Forge, Pa. has eliminated the purchase fee on one of its stock index funds and reduced the fee on two others.

The Vanguard Mid-Cap Index Fund fee of 0.25 percent has been waived, while fees for the Vanguard Small-Cap Growth Index Fund and the Vanguard Small-Cap Value Index Fund have been reduced from 1.00 percent to 0.50 percent.

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