BlackRock Cuts Management Fee on Select iShares ETFs to 0.17%
BlackRock, Inc. BLK | 963.91 | +0.68% |
BlackRock Asset Management Canada Limited has announced that, effective December 18, 2025, the annual management fee for several iShares Core ETF Portfolios, including XBAL, XCNS, XEQT, XGRO, and XINC, will be reduced from 0.18% to 0.17% of each fund's daily net asset value. This fee is paid to BlackRock Canada as the fund manager. The change reflects the firm's ongoing review of its pricing strategy and ability to leverage scale for investors' benefit. There is no change to the investment objectives or trading symbols, and current unitholders do not need to take any action.
