BlackRock said Wednesday that was not making any changes to the fee and expense structure of its iShares exchange traded products.
Earlier this week, there were several reports of fee increases due to higher figures in some iShares' filings.
These filings were made for the 12 months ended Aug. 31, 2012. However, investors pay fees and expenses according to the level of assets at the end of the calendar year according to a breakpoint fee schedule, BlackRock says.
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Janet Levaux
Janet Levaux, MA/MBA, is Editor in Chief of ThinkAdvisor & Investment Advisor. She's covered the financial markets since 1991 and advisors since 2005. Janet studied at Yale, Johns Hopkins SAIS and St. Mary's College of California. She's also lived and worked in Asia, Europe and Latin America, raised two sons, and won a Neal Award for top news coverage in 2020.
