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ETF.com: DFA Rolls Out 2 ETFs, Will Convert Several Mutual Funds to ETFs

edited November 19 in Fund Discussions
As The Shadow has previously noted on this board, DFA is rolling out new ETFs.

However, Heather Bell @ ETF.com observes that there is a newish wrinkle to DFA's announcement. [emphasis added]
Don’t expect DFAU [US Core Equity] and DFAI [International Core Equity] to be the only DFA ETFs for very long, however. The firm just filed with the SEC to convert six of its tax-managed mutual funds into ETFs. That has never been done before, but at least one other firm, Guinness Atkinson, is attempting a similar conversion with one of its mutual funds.
Earlier this month, David provided an update on the G/A conversion, which he originally discussed in his June 2020 MFO article.

Comments

  • This would affect those financial advisors who use DFA funds exclusively.
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