BlackRock said Wednesday that was not making any changes to the fee and expense structure of its iShares exchange traded products.
Earlier this week, there were several reports of fee increases due to higher figures in some iShares' filings.
These filings were made for the 12 months ended Aug. 31, 2012. However, investors pay fees and expenses according to the level of assets at the end of the calendar year according to a breakpoint fee schedule, BlackRock says.
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Janet Levaux
Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.
