'Active in drag,' a funky riff for index fund investors

... annual expense ratio of 1.03 percent of the fund's value. The average ETF has an expense ratio of 62 basis points. Rye Brook, NY-based IndexIQ has shouldered higher in-house research and compliance costs for the product than other firms because it ...



via Rye Brook Newswire http://www.reuters.com/article/2013/08/07/indexes-esoteric-idUSL1N0FV1S220130807?feedType=RSS&feedName=marketsNews