Commodity ETF Fees Cut
July 13th at 11:05am by Tom Lydon
Deutsche Bank announced they will reduce the management fee on DB Commodity Index Tracking (DBC) exchange traded fund. The fee will be reduced from 0.95% to 0.75% and they will also assume expenses of 0.15%, for a total reduction of 0.35%.
DBC was launched in February and since then the ETF has grown in excess of $600 million in assets. Deutsche Bank has also filed for eight more commodity and currency based funds.
