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Mutual Fund Conversions Hit Record in ETF Industry’s Epic Year
By
Isabelle Lee
News December 17, 2024 at 03:35 PM
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What You Need To Know
- As demand for the ETF structure gains traction, 55 funds make the conversion — more than triple from 2021.
- ETFs assets in the U.S. hit nearly $11 trillion this year.
- BofA strategists foresee about 400 mutual funds with over $325 billion in total assets ripe for ETF conversions.
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