ETFs

Geopolitical friction and a slowdown in global economic growth have boosted the metal’s demand despite signs of recent wavering.

Clients should consider paying more deductible expenses before year-end if their total itemizable deductions will be close to their standard deduction amount.

The change, the regulator says, will facilitate greater competition and innovation in the ETF marketplace, leading to more choice for investors.

The low-cost brokerage followed its competitors for retail clients and will offer the new pricing to RIAs in November.

“The combination of low rates, curbs on state and local tax deductions, and consistent economic expansion have been a nice tailwind,” an analyst says.

More than 70% of U.S. ETF assets are in funds that charge 2 basis points or less, data show. But free isn’t an automatic ticket to success.

At more than twice the price of the average fund, many with the even biggest gains still underperformed the broader market over the last decade.

A patented structure allows ETFs to report once a quarter in an effort to protect their intellectual property.

It's the latest move in the race to offer products at the lowest possible prices.

Among funds impacted so far, the Invesco China Technology ETF fell 2.8%, while the KraneShares CSI China Internet Fund lost 3.8%.