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Vanguard’s expired patent may emerge as ‘game changer’ for fund industry - TL;DR CNBC

Vanguard’s expired patent may emerge as ‘game changer’ for fund industry

Publishing timestamp: 2025-03-29 11:00:01


Summary

An expired patent previously held by Vanguard could shake up the exchange-traded fund industry as competitors may now have the chance to use it. The patent allowed for the same portfolio of stocks to be accessed through both mutual funds and ETFs, reducing taxable events. The structure could help millions of investors reduce tax burdens, but approval by the SEC is still needed.


Sentiment: NEUTRAL

Tickers: MORN

Keywords: stock marketsinvestment strategysecexchange-traded fundsbusiness newspatentsnational taxesinvestorstaxeswall streetmutual fund managementmorningstar incpersonal investingmarketsmoney marketsinternal revenue serviceretail investorsmutual funds

Source: https://www.cnbc.com/2025/03/29/vanguards-expired-patent-may-emerge-as-game-changer-for-fund-industry.html


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