| The competition is fast and furious in the ETF industry these days, with some issuers now on the precipice of offering zero fees on passive index funds. What makes a successful ETF is very simple: growing assets under management (AUM). The more money coming in, the more money the fund stands to make via operating expense fees, which investors know as expense ratio.
The expense ratio is a flat percentage feed the fund charges investors to manage their money. This ratio varies widely among fund types and issuers, but the clear trend is for these fees to continue to come down...............................................Full Article: Source
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