It is nice to see competition for iShares. All these funds are marginally cheaper than equivalent iShares offerings and it would be interesting to see if they get traction.
My sense is they won't because when it comes to ETFs the first mover has tremendous advantage. ETFs are still mostly used by traders and they prefer the highly liquid names.
Personally for me the MER savings are so small to bother switching from iShares.
My sense is they won't because when it comes to ETFs the first mover has tremendous advantage. ETFs are still mostly used by traders and they prefer the highly liquid names.
Personally for me the MER savings are so small to bother switching from iShares.