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1832 Asset Management L.P. is cutting its administration fees for Dynamic ETF Portfolios from 0.07% to 0.05%.

ProductRead the original at newswire.ca
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Scotiabank's subsidiary lowered fees for its Dynamic ETF portfolios, making them less costly for customers. The cut also reduces fee income per invested dollar, and the story gives no scale for either effect.

BNS · Scotiabank

AI read · Neutral

The AI's read

Customers pay less for these portfolios, which may help them compete for business. The fee cut also means less fee income per invested dollar. The story gives no figures on total assets or customer response, so it does not show a clear change for Scotiabank.

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