BlackRock's iShares joins rivals in slashing fees across four core ETFs

Three Europe ETFs and one EM ETF

Tom Eckett
clock • 1 min read

BlackRock's iShares has reduced charges on four core equity ETFs, which each have over €1bn assets under management (AUM), following a review of its products.

The €4.4bn iShares MSCI Europe UCITS ETF has seen its ongoing charges figure (OCF) cut to 0.12% from 0.35%. The OCF on the €1.7bn iShares MSCI EMU UCITS ETF has been reduced to 0.12% from 0.33%. Meanwhile, the €4.8bn iShares Euro Stoxx 50 UCITS ETF has been reduced to 0.10% from 0.16%. Lastly, the $10.1bn iShares Core MSCI EM IMI UCITS ETF witnessed its OCF slashed from 0.25% to 0.18%. BlackRock said in a statment: "European equities and emerging market equities are core building blocks in our clients' portfolios, and are increasingly used as an efficient alternative to future...

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