Daily ETF Watch: Goldman Finalizes Fees

Goldman Sachs makes waivers on ETFs permanent.

HeatherBell_green_bg
|
Reviewed by: Heather Bell
,
Edited by: Heather Bell

Goldman Sachs Asset Management has announced that it will be making the current fees for its ETFs permanent. This means that the waivers that are currently a part of the expense ratios will not be subject to expiration, pending approval from the board of trustees for the Goldman Sachs ETF Trust.

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC | C-89) currently charges the same as the SPDR S&P 500 ETF (SPY | A-97) due to its 15-basis-point fee waiver. Goldman’s move to make its fees permanent would set GSLC’s expense ratio at 0.09%.

The other four Goldman Sachs funds, their expense ratios and their current waivers are as follows:

Contact Heather Bell at [email protected].

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.