Vanguard's One-of-a-Kind Fund Design Is Getting Competition
Mutual fund issuer PGIA has filed to replicate Vanguard's model on its ETFs.
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Mutual fund issuer PGIA has filed to replicate Vanguard's model on its ETFs.
PGIA is looking to create ETFs as a share class of its U.S. mutual funds ahead of the Vanguard patent on its fund model expiring.
The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
“They were called and told, ‘Your grandson was in an accident and needs money for medical costs,’” said Hampton Police Deputy Chief Alex Reno said.
/PRNewswire/ -- Perpetual US Services, LLC and Barrow Hanley Global Investors, subsidiaries of Perpetual Limited (ASX:PPT), today announced the conversion of...