Vanguard brokerage clients will be able to make commission-free transactions in Vanguard's 46 ETFs. In addition, most Vanguard brokerage clients will pay $7 or $2 to trade stocks and non-Vanguard ETFs.

The same commissions will apply to transactions conducted on www.vanugard.com and those executed with the assistance of a brokerage representative.

American Century Creates Inflation Protection Fund
American Century Investments in Kansas City, Mo., is launching the American Century Strategic Inflation Opportunities Fund, which will be available in multiple share classes.

The new fund relies on a mix of U.S. inflation-indexed securities, commodity-related investments and non-U.S. dollar investments to protect investors' purchasing power. Approximately half of the fund will be invested in U.S. fixed-income securities, 25% will be in commodity-related investments and the remainder in non-U.S. dollar investments. Additional information is available at www.americancentury.com.

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