Vanguard’s tax-busting fund design may face competition
PGIA has filed to replicate Vanguard’s model, which if approved, could potentially apply to 20 products with about $100 billion spread across the mutual fund issuer's 5 US subsidiaries.
The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
A multi-boutique asset manager has this week filed for permission to create ETFs as a share class of its U.S. mutual funds, aiming to replicate
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