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Cybersecurity ETF Has a Treat For Investors: Lower Annual Fees

By BenZinga
Asset Management

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With all the talk of Russia’s alleged cyber interference in the 2016 U.S. presidential election and news of proven cyber security breaches, the PureFunds ISE Cyber Security ETF (NYSE: HACK) has been getting plenty of attention this year.

More importantly, HACK, the first and still the largest exchange-traded fund dedicated to cybersecurity stocks, is higher by 15.3 percent year to date. HACK is another treat for investors: a lower annual fee.

Low Management Fee

HACK’s new management fee, which went into effect at the start of May, is 0.6 percent, or the equivalent of $60 on a $10,000 investment. That is down from 0.75 percent per year.

Read more at Benzinga.

Photo: Getty iStock

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