BlackRock's iShares Funds to Raise ETF Fees in 2013
Dec 31st 2012 6:47PM
Updated Dec 31st 2012 6:54PM
BlackRock's (NYS: BLK) iShares fund manager will raise fees on a raft of its foreign exchange-traded funds, the company disclosed in an SEC filing. According to the filing, several of its titles will have minor increases. These include the popular iShares MSCI Emerging Markets Index Fund, which will increase its management fee to 0.69% from 0.67%.
Among others, iShares MSCI Brazil Index Fund, iShares MSCI South Africa Index Fund, and iShares MSCI Turkey Investable Market Index Fund will also increase management fees. The charge will rise to 0.61% from the current 0.59% for all three.
The article BlackRock's iShares Funds to Raise ETF Fees in 2013 originally appeared on Fool.com.Eric Volkman has no positions in the stocks and funds mentioned above. The Motley Fool has no positions in the stocks and funds mentioned above. Motley Fool newsletter services recommend BlackRock. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.