Mutual fund to ETF conversions pose difficulties, Deloitte finds

Q: How long will it take to read this news story?

The story "Mutual fund to ETF conversions pose difficulties, Deloitte finds" has 866 words across 32 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Mutual fund to ETF conversions pose difficulties, Deloitte finds" was covered 12 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 13 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22991302</li><li>URL: https://beamstart.com/news/mutual-fund-to-etf-conversions-17286199974689</li></ul>

Financial Times 12h ago

Mutual fund to ETF conversions pose difficulties, Deloitte finds - Financial Times

Quick Summary:

Firms such as Dimensional Fund Advisors, Fidelity and JPMorgan dominated the flows across the conversions through April, Morningstar data shows.

Fractional shares also present issues, because they are available for mutual funds but not for ETFs.

Some of the operational challenges of conversions could be mitigated by regulatory approval of the dual-share class fund structure that was long-patented by Vanguard, Alberstadt and Sotiroff both said.