| Another salvo has been fired in the ongoing ETF war and you, dear investor, are the winner. Among four giants duking it out, State Street’s (STT) SPDR group is the latest to fire its cost-lowering howitzer. State Street announced yesterday that it’s slashing expense ratios on select SPDR exchange-traded funds (ETFs) to as low as 0.10% annually.
Note where the decimal point is: It’s not at 1%, which is what many actively managed funds charge. The difference over time is huge and there’s nothing much you have to do to get these huge cost advantages...............................................Full Article: Source
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