Van Eck Global has filed for permission from the SEC to create exchange-traded fund share classes of at least one of its five mutual funds.

According to the filing, both the ETF shares and the mutual fund share classes will represent interests in the same portfolio of investments, according to the filing. Van Eck also wants to be able to issue more classes of conventional mutual fund shares. The firm's mutual funds include the CM Commodity Index Fund, the Emerging Markets Fund, and the Global Hard Assets Fund. The other funds are the International Investors Gold Fund and the Multi-Manager Alternatives Fund.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access