BICK ETF Slashes Fees

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It's the name of the exchange traded fund ( ETF ) industry game these days: slash the fees and they will come.

ETF providers and brokerages have been slashing fees and cutting expenses on many ETFs. Some providers are even offering free trades within in-house brokerages.

First Trust BICK Index Fund (NASDAQ: ETF Providers Duke It Out.]

The reduction in the management fee will have no effect on the services provided to the fund by First Trust and will be effective as of Oct. 1, 2010. The Index is designed to provide a benchmark for investors interested in tracking some of the largest and most liquid public companies that are domiciled in Brazil, India, China (including Hong Kong) and South Korea that are accessible for investment by U.S. investors. [ Schwab Slashes Fees On 6 ETFs. ]

Read more about BICK and its performance, holdings and more on the ETF Resume.

Tisha Guerrero contributed to this article.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , ETFs

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