VanEck Lowers Expense Ratio for Two ETFs
VanEck announced today that it is lowering the expense ratio on two ETFs: VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSE Arca: EMLC) and VanEck Vectors Emerging Markets Aggregate Bond ETF (NYSE Arca: EMAG). Effective June 8, 2018, the expense cap for EMLC will be reduced from 0.42% to 0.30%, and the expense cap for EMAG will be reduced from 0.49% to 0.35%.