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