ETF investors got a deluge of good news last week. Management fees are being slashed at many of the large fund companies thanks to intense competition. Former mutual fund investors accustomed to paying 2 per cent MERs can now own funds for as little as 0.04 per cent.
Here in Canada, Horizons Exchange Traded Funds Inc. announced a temporary fee cut for the next 12 months.
So what's driving this radical shift in the industry, and how will it affect retail investors?
On Tuesday, Oct. 16, Howard Atkinson, CEO of Horizons Exchange Traded Funds, joined us to discuss ETF fees, swap-based ETFs and much more.
Mobile users, follow along here.