Those iShares (BLK) ETF fee hikes? They're just a technicality having to do with a regulatory...

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David Jackson Comments (1121)
 
Not sure I understand this. Doesn't iShares publish the fees as a % expense ratio, independent of the assets under management?
2 Jan, 05:12 PM Reply Like

SA Editor Stephen Alpher Comments (496)
 
I apologize for the bad link, David. It's been corrected and takes you here:

http://on.barrons.com/...

It looks like the funds in question are governed by a "breakpoint fee schedule," which gives investors a discount if AUM rises (or a higher fee if AUM falls). iShares is required to use AUM prior to the period in question to calculate the "published" fee.
2 Jan, 05:49 PM Reply Like

David Jackson Comments (1121)
 
Thanks Stephen - very helpful.
3 Jan, 12:43 AM Reply Like