Credit: Shutterstock photoIn a big announcement Thursday, Guggenheim Investments revealed it would reduce the management fee of the $13 billion Guggenheim S&P 500® Equal Weight ETF (NYSEArca:RSP) from 0.40% to 0.20%, effective June 30. Introduced in 2003, RSP is the industry's first strategic or "smart" beta ETF, offering investors equal weight exposure to all stocks within the S&P… Click to read more at ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
