Schwab ETF Fee Cuts to Save Investors $4 Million
September 26, 2012 at 09:12 AM EDT
Charles Schwab’s recent decision to slash fees in its ETFs is expected to save investors nearly $4 million a year, based on back-of-the-envelope calculations. Investors are saving from the cheaper expense ratios as the ETF price war rages on. While the fee cuts are only a fraction of a...