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.

 

 

Most Read

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...