Mutual-fund-to-ETF conversions fail to wow investors
More than a third of converted funds have posted net outflows since they made the switch, according to data compiled by Bloomberg.
A parade of money managers who converted mutual funds into exchange-traded funds in a bid to ride rampant demand for the newer, easier-to-trade structures are discovering it may not be so simple to tap the ETF boom.
More than one-third of converted funds have posted net outflows since they made t
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