I'm trying to choose between 2 Vanguard International Index funds. VFWIX is the FTSE all world ex US and VGTSX is the total international index. Why the .25 purchase fee for the VFWIX? What is the main difference between the two? Anybody?
My guess on the fee is that it's because it's brand new. Keeps people from jumping in and out. I'd bet it goes away at some point or gets reduced. That's the pattern they follow with new funds.
Here is a side-by-side comparison. The biggest difference between them is that VGTSX is a fund of funds comprising Europe, Pacific (asia/australia/nz)) and Emerging Markets. The other is just a straight stock fund and covers everything. The VFWIX is probably more diverse with the biggest difference being that it invests in Canada.