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DFA shifting $26 billion of mutual funds into ETFs
Quant giant Dimensional Fund Advisors has laid out a timeline for converting funds into exchange-traded funds.
Mutual fund assets continue to decline in 2020
Record outflows from mutual funds have analysts wondering about the future of giants like American Funds, T. Rowe Price and Dimensional Fund Advisors. While mutual funds still hold more than three times the assets of exchange-traded funds, they registered a record $289 billion in outflows last year, according to Morningstar.
