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ETF price wars: BlackRock slashes more fees

Published 06/05/2018, 12:10 PM
© Reuters.  ETF price wars: BlackRock slashes more fees
BLK
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IXUS
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LEMB
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IGLB
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USIG
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IUSG
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IUSV
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MUB
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SUB
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IGSB
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IGIB
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IDEV
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  • The road to zero (or at least low single-digits) continues, with BlackRock (NYSE:BLK) cutting fees (effective June 1) on seven of its fixed-income and four of its core equity ETFs. The cuts are most dramatic in the fixed-income vehicles.
  • The iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) expense ratio is cut to 0.30% from 0.50%.
  • The iShares 1-3 Year Credit Bond ETF (NYSEARCA:CSJ) to 0.06% from 0.20%.
  • The iShares Intermediate Credit Bond ETF (NYSEARCA:CIU) to 0.06% from 0.20%.
  • The iShares 10+ Year Credit Bond ETF (NYSEARCA:CLY) to 0.06% from 0.20%.
  • The iShares National Muni Bond ETF (NYSEARCA:MUB) to 0.07% from 0.25%.
  • The iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) to 0.07% from 0.25%.
  • The iShares U.S. Credit Bond ETF (NYSEARCA:CRED) to 0.06% from 0.15%.
  • The iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) to 0.05% from 0.07%.
  • The iShares Core MSCI Total International Stock ETF (NYSEARCA:IXUS) to 0.10% from 0.11%.
  • The iShares Core S&P U.S. Growth ETF (NYSEARCA:IUSG) to 0.04% from 0.05%.
  • The iShares Core S&P U.S. Value ETF (NYSEARCA:IUSV) to 0.04% from 0.05%.
  • Now read: New Dodd-Frank Reform Significantly Boosts Small Banks But With Minor Impact On Larger Institutions


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