First Blackrock reduced its MER to 0.05% and now Betashares is getting into the act reducing its MER to 0.04% (from 0.07%.)
A race to the bottom?
A race to the bottom?
Could it be they have so many freakin products out there now that they can afford to do it?however i would like to ask a supplementary question
how will they continue to generate a profit ( for the company and staff ) , will they cut staff ( and other operating expenses ) or will services be cut , or will they do something else to generate cash-flow
yes i had noticed that and wondered where the investor cash is coming from ( when the portfolio holds distinct stocks )Could it be they have so many freakin products out there now that they can afford to do it?
Seemed for a while there, that a new (thematic) ETF was appearing every week...
Could it be they have so many freakin products out there now that they can afford to do it?
Seemed for a while there, that a new (thematic) ETF was appearing every week...
The BlackRock IOZ iShares ETF tracks the S&P/ASX 200 index and Betashares’ A200 tracks the Solactive Australia 200 Index.Apart from competitive pressures, volume and FUM are considerations as well as higher MERs on some products (thematics mainly) which are offered to suck in punters.
Nuanced, perhaps, and probably not much different in outcomes. And as Beili hints at, there could well be a 'loss leader' approach to the pitch, with concepts like Core & Satellite dangled (with the exotic ETFs usually carrying much higher fees).
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