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范·Eck Cuts Expense Caps On Five ETFs
范·Eck has reduced the expense ratio on five of its Market Vectors ETFs, effective immediately until May 1, 2012.
范·Eckhas reduced the expense ratio on five of its Market Vectors ETFs, effective immediately until May 1, 2012,Index Universereports.The expense cap on theMarket Vectors Africa Index ETFwill be 0.78%, while for theMarket Vectors Brazil Small Cap ETFit will be 0.62%.
The fee of theMarket Vectors Junior Gold Miners ETFwill be reduced to 0.56%, the市场向量RVE硬资产生产者ETFfee will be 0.59% and 0.60% for theMarket Vectors Uranium + Nuclear Energy ETF. The lower caps will result in lower operating expenses of the funds.
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