擔心人工智慧泡沫？訂閱每日上方，提供聰明且可操作的市場新聞，專為投資人設計。 Four Charles Schwab funds are taking just a little of the top. The brokerage giant cut fees on four passive equity index ETFs last week, trimming expenses by one or two basis points per fund, adding even if just minimally to the seemingly never-ending game of fee-compression poker between asset managers. In fact, Schwab is seeing some of its competitors and making bets of its own. "I don't think we should necessarily see massive inflows into these funds because of the changes," said Zach Evans, an analyst at Morningstar. "It's more symbolic of Schwab's commitment to offering the lowest-cost strategy in a given category," he added, noting that each of the fee cuts matches reductions Vanguard made to comparable funds earlier this year. Schwab Asset Management的24市值加權、指數股票及固定收益ETF中，16檔現已以僅三個基點的費用提供。"我們相信，即使是微小的成本差異在長期來看也會產生實質影響，同時強化我們在低成本投資領導地位,"John Sturiale，Schwab資產管理部門主管表示。 Among the funds that received cuts last week: Both the Schwab US Mid-Cap ETF (SCHM) and the Schwab US Small-Cap ETF (SCHA) dropped one basis point to 0.03%. Meanwhile, the Schwab International Small-Cap Equity ETF (SCHC) and the Schwab Emerging Markets Equity ETF (SCHE) lowered from 0.08% and 0.07%, respectively, to 0.06%. The company noted an investor with $10,000 would incur annual fund expenses of just $3 to $8, with positions in both stocks and bonds, using its suite of index ETFs. "Less Is More: The average fee for asset weighted funds continues to decline, and that more than anything, is a result of flows into low cost products." "Investors overwhelmingly prefer cheap funds to expensive ones," Evans told ETF Upside. "Whether it's mutual funds, an ETF, an active fund or a passive one, investors want cheap products." He added that broadly speaking, lower costs translate to better returns. "The fee you pay on a fund takes a chunk out of your return each year, and if you can minimize that chunk, you give yourself the best opportunity for the best performance." This post first appeared on The Daily Upside. To receive exclusive news and analysis of the rapidly evolving ETF landscape, built for advisors and capital allocators, subscribe to our free ETF Upside newsletter. View Comments