Van Eck says ETFs can reflect changes in industry sectors, whereas HOLDRS’ depositary trust structure is static.

Van Eck Global has filed with the Securities and Exchange Commission to convert six Merrill Lynch HOLDRS to its line of Market Vectors exchange-traded funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.