ETF sponsors such as Vanguard, Charles Schwab and even Fidelity Investments have led the way in paving new lower expense ratios for market-leading investment products. However, the competition for ETF assets has prompted many prominent brands such as State Street Global Advisors to review its pricing versus these low cost mavens.
This week, State Street announced it would be lowering its gross expense ratios for 41 funds in its ETF lineup. The full press release and complete list of funds can be viewed here.
While none of the fee breaks will extend to State Street's largest and most established offerings such as the SPDR S&P 500 ETF (NYSE: SPY) or SPDR Gold Shares ETF (NYSE: GLD), these changes do offer a significant reduction in total costs for end ...
/www.benzinga.com/etfs/sector-etfs/15/02/5206085/state-street-lowers-etf-fees-investors-win alt=State Street Lowers ETF Fees -- Investors Win>Full story available on Benzinga.com
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