Blackrock’s iShares has reduced fees on 35 of its international ETFs for 2011, Reuters reports. The move, which included fee reductions ranging between 0.01 and 0.11 percentage points, has mainly affected single-country ETFs, including the iShares MSCI Taiwan Index Fund and the iShares MSCI Italy Index Fund.

The largest fund affected was the $47 billion iShares MSCI Emerging Markets Index fund, which had its fee lowered from 0.72% to 0.69%. The move resulted from growth in the funds’ assets and previously established fee schedules as well as from lower foreign taxes.

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