Vident Advisory, LLC, a wholly-owned subsidiary of Vident Financial, LLC, today announced that it will be lowering fees for all four of the Exchange Traded Funds (ETFs) in its fund family.
As of February 1, 2020, the following funds will have their fees reduced:
Fund | Current Fee | Reduced Fee |
0.61% | 0.59% | |
0.50% | 0.48% | |
0.43% | 0.41% | |
0.53% | 0.49% |
“Our constant focus on reinvestment and reducing fees for our fund shareholders is at the core of our mission,” said Vince Birley, CEO of Vident Financial. “We could not be more pleased to be sharing today’s news, the third time we’ve announced significant fee reductions for our ETF suite in just the last six years.”
About Vident Financial
Vident Financial develops investment market solutions (indices and funds) based on a distinct philosophy. Their investment strategies are founded upon sound principles that help identify environments where capital is going to thrive long-term, measuring different factors (human productivity, value, quality leadership, and governance) embedded within multiple process layers. Visit www.videntfunds.com for more information.
Vident ETFs are dedicated to a principle based investing approach, overweighting in countries and companies with strong leadership and governance that foster greater prosperity. Therefore, prudent fiscal management and ethical governance are emphasized.
About Vident Advisory
Vident Advisory, LLC, is a wholly owned subsidiary of Vident Financial. Vident Advisory has provided investment management services to each fund in the Vident ETF family since April 1, 2019.
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. To obtain a prospectus visit www.videntfunds.com/literature or call 800-617-0004. Please read it carefully before investing.
Investments involve risk. Principal loss is possible. The Funds have the same risks as the underlying securities traded on the exchange throughout the day at market price. Investor shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Funds. Ordinary brokerage commissions may apply.
The Vident Funds are distributed by ALPS Distributors, Inc. ALPS is not affiliated with Vident Financial.
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MacMillan Communications
(212) 473-4442
rosa@macmillancom.com
