Does Vanguard Brokerage Services offer dollar-cost averaging for FundAccess funds?
Yes. You can have your account set up to automatically purchase or redeem a specific dollar amount (minimum $100) of an eligible FundAccess fund on a monthly, quarterly, or semiannual basis using our dollar-cost averaging (DCA) program.* To participate, you must have previously established a position in a DCA-eligible fund by either meeting that fund’s minimum initial purchase amount or by transferring the position into your Vanguard Brokerage account. The purchase payments and redemption proceeds will be swept to and from your linked Vanguard money market settlement account.** No commission is charged for DCA-eligible, no-transaction-fee (NTF) funds. A $3 fee will be charged per transaction for all other eligible funds. NTF shares that are redeemed within 180 days of their original purchase date will be subject to a 1% redemption fee, with a minimum fee of $50 and maximum fee of $250. Most FundAccess funds are eligible for DCA. To participate in our dollar-cost averaging program, call
