Vident Announces Fee Reductions Across Its ETF Family
Loncar China BioPharma ETF (CHNA)
Company Research
Source: Business Wire
Third time Vident announced fee reductions in just the last six years ATLANTA--(BUSINESS WIRE)--Vident Advisory, LLC, a wholly-owned subsidiary of Vident Financial, LLC, today announced that it will be lowering fees for all four of the Exchange Traded Funds (ETFs) in its fund family.As of February 1, 2020, the following funds will have their fees reduced:FundCurrent FeeReduced FeeVident International Equity Fund (VIDI) 0.61%0.59%Vident Core U.S. Equity Fund (VUSE)0.50%0.48%Vident Core U.S. Bond Strategy ETF (VBND)0.43%0.41%PPTY- U.S. Diversified Real Estate ETF (PPTY)0.53%0.49%“Our constant focus on reinvestment and reducing fees for our fund shareholders is at the core of our mission,” said Vince Birley, CEO of Vident Financial. “We could not be more pleased to be sharing today’s news, the third time we’ve announced significant fee reductions for our ETF suite in just the last six years.”About Vident FinancialVident Financial develops investment market solutions (indices and fun
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