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The More The Scarier? ETF Proliferation Bad For Trading Health, Study Finds
FYI: Expense ratios – what investors explicitly pay fund managers to oversee their stocks and bonds – have generally fallen across the board in the realm of exchange-traded funds.
And investors have by and large flocked-to ETFs with the lowest expense ratios, with increased competition among big asset managers resulting in tit-for-tat fee cuts on many large ETFs. Morningstar research finds that investors are paying less for fund management mostly because they’re voting with their dollars.