iShares Not Raising ETF Fees

It turns out that iShares will not be raising fees on its exchange-traded funds anytime soon.

In a New Year's Eve interview with Benzinga, Christine Hudacko, a BlackRock spokeswoman, dispelled an earlier report of the firm raising fees on some of its bigger funds, such as the $47 billion iShares MSCI Emerging Markets Fund (EEM), the $9.33 billion iShares MSCI Brazil Fund (EWZ). She explained that all mutual fund and ETF sponsors are required by the Securities and Exchange Commission to submit filings within 120 days after the end of their fiscal years.

And the fiscal year for the 40 iShares funds ended August 31.

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