First negative-fee ETF blasted as a 'gimmick'
Salt Low truBeta US Market ETF
Hector McNeil says negative-fee charges should be seen less as a product and more as a waiver
The Securities and Exchange Commission (SEC) has given boutique ETF provider Salt Financial the go-ahead to launch the world's first negative-fee ETF in the US.
Salt Financial has introduced the negative-fee structure for the recently launched Salt Low truBeta US Market (LSLT) ETF, using the price incentive to meet arbitrary levels for inclusion on advisory and...
More on ETFs
Back to Top
