Why exchange-traded funds are a 'growth engine' of active management
Publishing timestamp: 2024-11-27 13:07:26
Summary
Investors are increasingly moving money from active mutual funds to actively managed exchange-traded funds due to cost advantages such as lower fees and greater tax efficiencies. Active ETFs have seen positive inflows in recent years while active mutual funds have experienced outflows. Despite the growth of active ETFs, passive funds have attracted more investor money over the past nine years. Active ETFs represent a small portion of overall ETF assets but are growing rapidly, with many money managers converting their active mutual funds into ETFs.
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Keywords: business news, mutual funds, under armour inc, morningstar inc, personal finance, exchange-traded funds,