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Should Fund Managers Cut Their Fees If They Underperform? This One Does

FYI: ETF’s ‘fulcrum fee’ moves between 0.65% and 0.85% depending on how it performs compared with its benchmark.
Regards,
Ted
http://www.marketwatch.com/story/should-fund-managers-cut-their-fees-if-they-underperform-this-one-does-2017-02-28/print

M* Snapshot CWS:
http://www.morningstar.com/etfs/ARCX/CWS/quote.html

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