VANGUARD RIVALS FINALLY GET HANDS ON ITS TAX-BUSTING FUND DESIGN
https://media.zenfs.com/en/wealth_management_474/3a63c5e32d120e6ab0b62f840a8b3bf9
✍️ Vanguard's unique ETF structure, patented for over two decades, is set to be adopted by dozens of rival asset managers, potentially revolutionizing the American investment industry.
👉 Dozens of rival asset managers are on the brink of adopting Vanguard's ETF structure 👉 The SEC has indicated that it will allow DFA to use Vanguard's ETF structure 👉 The move could trigger a wave of new ETF launches 👉 The tax and performance of countless mutual funds could be re-written 👉 ETFs could potentially erode the barrier that has until now largely locked them out of the American retirement system
-- #JackBogle #BrittanyChristensen #EricBalchunas #AdamSabban #MarkUyeda #DaveNadig #BenFulton #GerardO'Reilly #FrankKoudelka #BenJohnson #business
Loading quoted post…
