J.P. Morgan Makes Actively Managed ETFs From Mutual Funds
Mutual funds are widely held due to retirement plan saving, but index investing with low-fee ETFs has taken a bite out of mutual fund market share. It is estimated that mutual funds have assets of US$ 22 trillion while ETFs are closer to US$ 7 trillion. Even so, beating the market is challenging, and it…
Source: swfinstitute.org