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 0.15% to 0.07%. It reduced charges across 10 of its ETFs: consumer staples, consumer discretionary, financials, energy, health care, industrials, materials, 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.