Horizons ETFs US Extends Fee Waiver on Horizons DAX Germany ETF
Global X DAX Germany ETF (DAX)
NASDAQ:AMEX Investor Relations:
us.horizonsetfs.com/etf/dax
Company Research
Source: GlobeNewswire
NEW YORK, July 31, 2018 (GLOBE NEWSWIRE) -- Horizons ETFs Management (US) LLC ("Horizons US"), announced the extension of the reduced expense ratio for the Horizons DAX Germany ETF (Nasdaq: DAX) (“the fund”), which dropped from .45 percent to .20 percent. This 25 basis point reduction represents a 55 percent decrease, effective August 1, 2018 through July 31, 2019. The fund, launched in October 2014, is the only U.S.-listed ETF to track the DAX® Index, which contains shares of the 30 largest and most liquid companies on the German equities market. “Through the DAX ETF, investors across the board have access to a transparent and cost-effective way to take advantage of the growth potential within the German economy,” said Jonathan Molchan, Portfolio Manager and Head of Product Development at Horizons ETFs US. “We are thrilled to continue to provide investors with a viable option for international exposure and look forward to the continued success of DAX.” This news comes on the hee
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