Seven
The company said the transition to the new benchmarks did not cause any adverse tax burdens for shareholders. It expects over time that the new indexes will experience lower turnover than the current indexes, resulting in modestly lower transaction costs.
As Mutual Fund Market News reported in September, the new indexes replaced indexes from
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The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
