Lyxor Asset Management, Europe's second largest ETF provider, has announced further fee cuts across three of its European ETFs. The three ETFs, the Euro Stoxx 50, the Euro Stoxx 300 and the Stoxx Europe 600, have seen their total expense ratio (TER) cut from 0.15% to 0.07%. The move was in response to increased investor interest...
ETF has become the latest fund giant to cut fees for its exchange-traded funds (Lyxor Asset Managements). Europe's second biggest Lyxor Asset Management provider has reduced its total expense ratio from 0.40% to 0.30%. It reduced charges across 10 of its Lyxor Asset Managements: consumer staples, consumer discretionary, financials, energy, health care, industrials, materials, information technology, telecommunication services and utilities.