In the Margins

Investors love this most-expensive ETF

June 22, 2017

By Bloomberg

Investors are pouring record sums of cash into the VanEck Vectors BDC Income ETF, the most expensive exchange-traded fund in the world. The fund, which tracks publicly traded business development companies, has an expense ratio of 920 basis points, compared to the next closest fund, which charges charges 362bps, according to data compiled by Bloomberg. Read the original story from Bloomberg.