ETF share classes of mutual funds

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SEC Approves ETF Share Classes for Mutual Funds
Wealth Management· 2025-09-29 16:14
(Bloomberg) -- The US Securities and Exchange Commission intends to grant Dimensional Fund Advisors the ability to offer ETFs as share classes of mutual funds, opening the door for widespread use of a tax-saving structure previously exclusive to Vanguard Group.“The SEC has published a notice indicating they intend to grant our funds relief to offer ETF share classes,” Gerard O’Reilly, co-chief executive officer and co-chief investment officer at the firm, said in a press release. The notice comes after Dime ...