November 20, 20240 Comments

China funds cut ETF fees, escalating price war in booming market By Reuters

SHANGHAI/HONG KONG (Reuters) – Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing, China’s chief securities regulator, pledged to encourage index investment and fund industry fee reform. ETFs – funds that typically track

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November 13, 20240 Comments

Buffett’s Berkshire is being packaged into a leveraged ETF

Breadcrumb Trail Links Investor Leveraged ETFs are often meant for active traders who want to bet on a stock’s performance for no more than a single day Author of the article: Bloomberg News Miles Weiss and Youkyung Lee Published Nov 13, 2024  •  Last updated 5 hours ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Warren Buffett’s

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