ETF Fees Decline to Record Lows

The video discusses the ongoing trend of decreasing fees in the ETF and broader fund industry, highlighting a recent milestone where fees dropped below 20 basis points. This trend is driven by investor demand for cheaper products and is expected to continue, potentially reaching 10 basis points in the next decade. The impact on the industry is twofold: beneficial for investors due to lower costs, but challenging for asset managers who must adapt by offering premium products or focusing on actively managed fixed income funds.

What recent record was achieved regarding ETF fees?

How have ETF fees changed over the years according to the text?

What is the significance of the 20 basis point level mentioned in the text?

What does the term 'self-perpetuating cycle' refer to in the context of ETF fees?

How do lowering fees impact investors and institutions differently?