This makes JPMorgan’s conversion strategy different from Dimensional’s, which announced its conversion plans on the same day that its first two ETFs came to market, said Neil Bathon, founding partner of FUSE Research Network.
“It’s only natural that they test the conversion waters,” he noted. However, JPMorgan may have picked funds to morph that the firm thought have limited short-term sales growth prospects in the mutual fund wrapper, he added.
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Article published on August 12, 2021.