- More than half of asset managers have plans in place to launch ETF share classes, but only 22% aim to be among the first movers to launch ETFs as a share class for some of their mutual funds.
- Regardless of timing, 70% have a working group or are assembling one to address the myriad operational, portfolio management, fund board, distribution partner receptivity, and other challenges.
- Most managers are taking a cautious approach to dual share class, with 35% still determining their plan and 30% targeting the second or third wave of ETF share class launches.
