Business
Cut-throat ETF price war is over, industry professionals say – Financial Times
EY survey reveals a jump in the proportion who believe fees are as low as they can go
A cut-throat price war that has caused fees for mainstream exchange traded funds to sink to unprecedented lows may have now run its course, industry professionals believe.
Average expense ratios for passive equity ETFs have almost halved from 0.34 per cent to fell to just 0.18 per cent in the US during the past decade, according to the Investment Company Institute, a trade body. Index-tracking bond ETFs are cheaper still at 0.14 per cent, down from a peak of 0.26 per cent in 2013, while some equity…
-
General9 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News22 hours agoSunshine Coast Airport receives green light for major upgrade opening doors to growth jobs and tourism across the region
-
General12 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
Noosa News23 hours agoFree flow of information vital to WHS – Proctor