ETF Share Class Approval For Mutual Fund Complexes - A True Game-Changer
Source: SeekingAlpha
2026-01-01 08:05:00 ET
Originally published on December 31, 2025
The investment industry is entering the final phase of the death of traditional mutual funds with the redeem-at-distributor-only model. What makes us assert this? At the end of November, the SEC formally approved the first applications for mutual fund complexes to offer an ETF share class within a single fund structure, following the expiration of Vanguard’s patent. Over 60 other fund sponsors have since re-filed “substantially identical” applications and are expected to receive approval promptly....
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ETF Share Class Approval For Mutual Fund Complexes - A True Game-Changer
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