Fidelity Investments has launched its first ETF share classes for select existing mutual funds, signaling a shift toward ETF wrapper availability for its managed products. The move is incremental for markets (no performance or flow figures cited) but broadens share-class choice for investors and potentially supports future distribution/flow over time.
Fidelity Investments has launched its first ETF share classes for select existing mutual funds, signaling a shift toward ETF wrapper availability for its managed products. The move is incremental for markets (no performance or flow figures cited) but broadens share-class choice for investors and potentially supports future distribution/flow over time.
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