Yeah, it's also a reasonable offramp for direct indexing. It seems like a new version of a swap or exchange fund, though the ETF vehicle has some advantages.
It seems to be happening more frequently, and it was discussed in Bogleheads on Investing Podcast #70, around 38:18, which interviewed Wes Grey, who is also quoted in the article.
I summarized my findings in this post in May.
I am curious what the expense ratio of these new funds will be, since the prior ones I looked at seemed expensive. For example, there was a conversion in March to create EAGL, at a 0.80% expense ratio, but it only has 28 holdings as of today.
I agree that there may be more competition in this space to come, assuming it holds up to regulatory scrutiny.
(Un)fortunately, I don't have enough taxable assets to be able to take advantage of this. Perhaps in a decade or so.
It seems to be happening more frequently, and it was discussed in Bogleheads on Investing Podcast #70, around 38:18, which interviewed Wes Grey, who is also quoted in the article.
I summarized my findings in this post in May.
I am curious what the expense ratio of these new funds will be, since the prior ones I looked at seemed expensive. For example, there was a conversion in March to create EAGL, at a 0.80% expense ratio, but it only has 28 holdings as of today.
I agree that there may be more competition in this space to come, assuming it holds up to regulatory scrutiny.
(Un)fortunately, I don't have enough taxable assets to be able to take advantage of this. Perhaps in a decade or so.
Statistics: Posted by Lyrrad — Tue Oct 15, 2024 12:47 am — Replies 1 — Views 213