especially current iShare shareholders) have to say
about the changes Blackrock has announced.
Summary:
MER cuts on six funds:
IVV drops from 0.09% to 0.07%
IJH drops from 0.21% to 0.15%
IJR drops from 0.22% to 0.16%
AGG drops from 0.20% to 0.08% (!)
ISI drops from 0.20% to 0.07% and is re-symboled to ITOT
GLJ drops from 0.20% to 0.12% and is re-symboled to ILTB
Four new "core" funds are being launched:
IXUS at 0.16% (comparable fund is ACWX at 0.34%)
IEMG at 0.18% (comparable fund is EEM at 0.67%)
IEFA at 0.14% (comparable fund is EFA at 0.34%)
ISTB at 0.12% (comparable fund is SHY at 0.15%)
Some coverage from IndexUniverse on this:
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