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Behind the First Mutual Fund-to-ETF Conversion

Behind the First Mutual Fund-to-ETF Conversion

FromTrillions


Behind the First Mutual Fund-to-ETF Conversion

FromTrillions

ratings:
Length:
34 minutes
Released:
Apr 15, 2021
Format:
Podcast episode

Description

In March, for the first time ever, a mutual fund went to sleep and woke up as an ETF. Two of them, in fact. And Guinness Atkinson, the issuer, couldn’t be happier about the experience — not that it didn’t take a lot of work to get across the finish line. Many more mutual funds will likely follow suit.On this episode of Trillions, Eric and Joel — along with Claire Ballentine, the Bloomberg News reporter who covered the story — go deep with Guinness Atkinson’s Jim Atkinson and his lawyer, Alexandra Alberstadt about their new ETFs, the SmartETFs Dividend Builder ($DIVS) and SmartETFs Asia Pacific Dividend Builder ($ADIV). They discuss why they converted, what the process entailed, and how other issuers should approach the topic. Did we mention there will be many more of these?See omnystudio.com/listener for privacy information.
Released:
Apr 15, 2021
Format:
Podcast episode

Titles in the series (100)

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.