ETF EDGE ‘The mutual fund industry is in troubl
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Posted On: 08/01/2020 11:21:07 AM
ETF EDGE
‘The mutual fund industry is in trouble,’ investor warns as hidden-asset ETFs hit the scene!
The funds, launched in late March, began trading last week under American Century Focused Dynamic Growth ETF (FDG) and American Century Focused Large Cap Value ETF (FLV).
Unlike traditional ETFs, which are required to disclose their holdings daily, nontransparent ETFs will take a page from the mutual fund’s book. Once approved, they are allowed to disclose their holds on a monthly or quarterly basis.
https://www.cnbc.com/2020/04/09/mutual-funds-...estor.html
‘The mutual fund industry is in trouble,’ investor warns as hidden-asset ETFs hit the scene!
The funds, launched in late March, began trading last week under American Century Focused Dynamic Growth ETF (FDG) and American Century Focused Large Cap Value ETF (FLV).
Unlike traditional ETFs, which are required to disclose their holdings daily, nontransparent ETFs will take a page from the mutual fund’s book. Once approved, they are allowed to disclose their holds on a monthly or quarterly basis.
https://www.cnbc.com/2020/04/09/mutual-funds-...estor.html
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