Guggenheim Lowers Fees 20% On Equal Weight Sector Funds

|About: Guggenheim S&P Equal We... (RYT)|By:, SA News Editor

The company filed supplementary paperwork with the SEC for 20% expense ratio reductions on its suite of equal weight sector funds to take effect December 1st.

This fee cut will reduce the current management expense ratio of the fund series from 0.50% to 0.40% to better compete with other funds on the market.

Other Guggenheim Equal Weight ETFs: RYT, RCD, RYH, RHS, RYE, RYF, RGI, RYU, RTM