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). Europe's second biggest ETF provider has reduced its total expense ratio from 0.40% to 0.30%. The fund's new fee structure is designed to encourage investors to buy more ETFs and reduce their exposure to a single fund.