ETF Price Wars Heat Up

CNN Money October 2012

Speaking with CNN Money, Christian Magoon talks about the recent avalanche of fee cuts from Schwab, Vanguard and BackRock/iShares. “These decisions tend to have a ripple effect across the marketplace,” Magoon said. “So far, we’ve seen the costs come down on the products that have a bulk of the assets. In the next wave, we should see expense ratios come down on products that are priced at a premium relative to the larger ETF.” Find out what else Magoon had to say about the latest chapter in ETFs here.