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 markets, investment strategy, sec, exchange-traded funds, business news, patents, national taxes, investors, taxes, wall street, mutual fund management, morningstar inc, personal investing, markets, money markets, internal revenue service, retail investors, mutual funds,