Mutual fund-to-ETF conversions on the rise amid demand shift

Businessman hand stacking money coins with virtual percentage icons for financial banking increase interest rate, mortgage and property investment dividend value from business growth concept.

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As exchange-traded funds continue growing in popularity, asset managers are increasingly converting mutual funds to ETFs to adapt to client demands.

There have been more than 70 mutual fund-to-ETF conversions in the U.S., and asset managers expect this number to rise


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