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Friday, January 18, 2013

A Brief History of ETF Fees

News summary by MFWire's editors

Don't know much about history (of the ETF price wars)? Morningstar has you covered.

Today's ETF Specialist column details the ongoing battle over ETF fees, first looking quickly at what's happening now (the latest cuts in prices from Vanguard [profile]) and then looking back all the way to the beginning of the battle.

That means going all the way back to 1993, when State Street [profile] launched its SPDR ETFs.

The timeline's real action begins in 2009, when Schwab [profile] got the price war going.

The article is definitely worth the time of anyone interested in how the ETF space got to the constant price cut battle it is in now. You can check out the original article here

Edited by: Ben Geier


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