ETFs & Mutual Funds
Next-Gen ETFs Buck Vanguard Effect With Fees Near Decade Highs
- Average fee for new funds is among highest in decades: BI
- Growth of low-cost passive ushered in expensive, niche funds
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The popularity of ultra-low cost passive ETFs is fueling a surprise shift in fund management: New entrants are getting pricier.
Tapping into the hunger for complex strategies hinging on everything from stock options to crypto to stand out in the marketplace, this year’s new ETFs rank among the most expensive of the decade. That’s a boon for fee-starved issuers.