Though State Street’s funds are competitively priced compared to rivals’, their performance does not stand out — a problem that could be solved by being the lowest-cost provider, said Jeff Strange, relationship manager at FUSE Research Network. The three ETFs have collectively increased their assets by $3 billion in the last two years, he added, which could have factored into the firm’s decision to reduce the funds’ fees.
For the complete article, click here (subscription required).
Article published on December 2, 2021