iShares Slashes Fees On 8 ETFs
The affected funds include the firm’s lineup of asset allocation ETFs.
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Effective today, BlackRock’s iShares unit has slashed the prices on eight of its ETFs. The cuts range from five to 10 basis points.
The list of affected funds and their expense ratio changes is as follows:
- iShares Core Aggressive Allocation ETF (AOA), from 0.25% to 0.15%
- iShares Core Growth Allocation ETF (AOR), from 0.25% to 0.15%
- iShares Core Moderate Allocation ETF (AOM), from 0.25% to 0.15%
- iShares Core Conservative Allocation ETF (AOK), from 0.25% to 0.15%
- iShares Floating Rate Bond ETF (FLOT), from 0.20% to 0.15%
- iShares GNMA Bond ETF (GNMA), from 0.15% to 0.10%
- iShares U.S. Infrastructure ETF (IFRA), from 0.40% to 0.30%
- iShares MSCI USA Equal Weighted ETF (EUSA), from 0.15% to 0.09%
With nearly 400 ETFs and $2.3 trillion in assets under management, BlackRock is the world’s largest ETF issuer.
Contact Heather Bell at [email protected]
