The billions spent on them are about 1% of all the shares that change hands on U.S. exchanges every year.
Asset managers reluctantly accept lower revenue in exchange for market share as investors seek the cheapest products.
Evidently, it’s another lesson in why costs matter.
Do so-called non-transparent ETFs have a future?
The SEC plans to okay Precidian Funds’ structure that exempts active ETFs from daily disclosures of holdings.
The mad rush to cut fund fees is not a good sign for the passive-investing boom.
Salt Financial plans to woo buyers with a fund that will temporarily pay them to invest, according to regulatory filings.
More than 97 percent of flows into ETFs last year went to funds that charge $2 or less.
The New York Stock Exchange is preparing to hand human traders a bigger role in making markets for ETFs.
The online lender known as SoFi is helping start two new ETFs that won’t charge a management fee.
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