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Gold ETF Slashes Fee In Half: (SGOL)

TedTed
in The Bullpen
FYI: It has been a tough year for gold, but at least investors in one gold exchange-traded fund are getting a break with a massive fee reduction.

Aberdeen Standard Investments this week announced it cut the sponsor fee by more than half on the Aberdeen Standard Physical Swiss Gold Shares ETF (SGOL), a $790 million fund that is the third-largest gold ETF. The fee, which was slashed from 0.39 percent to 0.17 percent, is now tied with the GraniteShares Gold Trust (BAR) as the least expensive among ETFs that track the price of gold.
Regards,
Ted
https://www.fa-mag.com/news/gold-etf-slashes-fee-in-half-42201.html?print

M* Snapshot SGOL:
https://www.morningstar.com/etfs/arcx/sgol/quote.html

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