My Favourite Global Bond ETF Reduces Its Fees
Posted: Tue Jan 05, 2021 12:37 pm
There's only one decent global sovereign bond ETF in all of Canada -- XGGB provided by Blackrock. I had not noticed that last year its management fee was reduced. Now the only reservation I had about it is gone.
https://www.globenewswire.com/news-rele ... %2C%202020.
It holds global government bonds hedged back to the Canadian dollar. It's the only one of its kind in the whole country. A great tool to implement a global PP.
Management Fee Reduction
BlackRock Canada has implemented a reduction in the annual management fee of XGGB from 0.35% to 0.20% of NAV. This management fee reduction is effective as of June 26, 2020.
https://www.globenewswire.com/news-rele ... %2C%202020.
It holds global government bonds hedged back to the Canadian dollar. It's the only one of its kind in the whole country. A great tool to implement a global PP.