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Zero Expense Ratio Investment Funds Coming
Lawton Retirement Plan Consultants Link to more items from this source
May 29, 2019

"Securities lending involves asset managers lending securities they hold to short-sellers for a fee.... [T]he Fidelity Small Cap Index Fund is able to generate 0.200% in securities lending revenue, which more than covers the fund's expense ratio of 0.025%.... [It] is clear that enough revenue exists for this fund to either move to a zero or negative expense ratio."

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