Subscribers

The fastest growing new ETF costs more than a mutual fund

New York

OUT of more than 500 exchange-traded funds launched in the past three years, the one that has taken in the most cash charges an annual fee of 0.94 per cent.

Wait, what? That's not a typo. The First Trust Dorsey Wright Focus 5 ETF (FV) has accumulated US$4.2 billion in assets in a little more than...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes