| Price wars have been escalating across the investment world and that means consumers benefit from these competitive dynamics as prices decline. In the ETF marketplace, BlackRock recently slashed fees on many of its funds in response to market share losses to Vanguard, the traditional low cost provider.
Charles Schwab, a relative upstart in the ETF business, has undercut Vanguard’s prices in an effort to take market share. Since ETFs are hot commodities with few supply limitations, a competitive marketplace naturally drives down costs to the benefit of consumers. ETF investors reap the benefits without much effort...............................................Full Article: Source
|