ETF Fee Reductions

Recently I wrote about BlackRock and how they are engaging in a price war with Vanguard on ETF pricing. More importantly, they are in this price war because they don’t have any way of differentiating their products from the competition.

Schwab too is now reducing their fees on ETF’s as well, stating that they are meeting or beating Vanguard. All of this is good news for investors, since reduced expenses are essential in an era of lowered expectations on returns.

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