MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, January 14, 2011 Expense Ratios Go Down for 34 iShares ETFs BlackRock's iShares [see profile] kicked off the new year with a price cut. The firm slashed expense ratios on 34 of its ETFs effective January 1, making it the first industry player to do so this year, notes Morningstar's Robert Goldsborough. The reductions range from 1 to 5 basis points and impact only ETFs that invest in companies that are based abroad. iShares said management-fee breakpoints and foreign taxes on the funds led to the price reductions. Printed from: MFWire.com/story.asp?s=35769 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |