More and more issuers of actively managed mutual funds are considering converting those assets to exchange traded funds. A new plan to do that involves lucrative cannabis equities. Foothill Capital Management’s Cannabis Growth Fund (ticker CANNX) filed recently plans for a mutual fund to ETF conversion. “The conversions would be a milestone moment for the […]
The post Are Active ETFs Uprooting the Mutual Fund Industry? appeared first on ETF Trends.