22 February 2023 12:50
Fund manager BetaShares is reducing the management fee on its Australia 200 ETF (A200) from 0.07 per cent per annum to 0.04 per cent per annum.
This comes two days after BlackRock reduced the fees for two of its ETFs, including its ASX 200 tracker.
The fee reduction on the A200 means investors can now access a diversified portfolio of Australian shares for the ultra-low-cost management fee of $4 for every $10,000 invested.
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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