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...
Lyxor Asset Management has become the latest fund giant to cut fees for its exchange-traded funds (ETFs). the Stoxx Europe 600's second biggest ETF provider has reduced its total expense ratio from 0.40% to 0.30%. It reduced charges across 10 of its ETFs: consumer staples, consumer discretionary, financials, energy, health care, industrials, materials, information technology, telecommunication services and utilities.