Specifically, an SEC ruling could allow dozens of asset managers to offer existing mutual funds as ETF share classes. That might sound like technical minutiae … a distinction without a difference.
“If mutual funds didn’t exist today, would they have to be invented?” asks manager John Neff of the Akre Focus mutual fund. “I think the answer is very uncomfortably ‘no.’” ...
Wondering how FXAIX and VOO stack up? You aren’t alone. To help, here is an explanation of the key differences between the ...
(Bloomberg) -- Mutual funds are bleeding assets anew, just as their ETF cousins break fresh records. Now, firms from Lazard to Aberdeen Group Plc. are pushing to convert traditional funds into ...
(Bloomberg) -- The US Securities and Exchange Commission intends to grant Dimensional Fund Advisors the ability to offer ETFs as share classes of mutual funds, opening the door for widespread use of a ...
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