ETFs

Founder Nancy Davis says her recently converted long-only product reflects the direction of travel for the broader asset management industry.

The flood follows a strong Democratic showing in last week’s runoff elections in Georgia, which tipped the Senate’s control to President-elect Biden’s party.

The move is about “expanding access to high quality growth investing to non-accredited investors,” says Upholdings CEO Robert Cantwell.

The top 20 more than doubled the gains of their fixed-income industry peers.

The top 20 to debut last year by total assets include only three products from BlackRock and none from Vanguard or State Street.

VanEck’s proposal comes at a time when the cryptocurrency has continued to set record highs.

Time and again, they’ve seemingly held up during periods of market stress and proved the skeptics wrong.

Steady inflows showcase the buy-and-hold ethos of the typical Vanguard investor — financial advisors and wealth managers, an expert says.

The fund has absorbed $15.6 billion so far in 2020.

With an average gain of more than 108%, the lineup includes actively managed leaders with fees well above 100 basis points.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.

The top 20 outpaced the broader industry and had an average net expense ratio far below the 0.45% investors paid last year.

The scale of the withdrawal indicates that the ETF is both being used by large institutions and a favorite with retail investors, an expert says.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

The 20 mutual funds and ETFs on this list have an average fee of roughly 111 basis points.

The $527 billion manager released two actively-managed products, one focused on U.S. equities and the other on international stocks.

Funds tracking telemedicine, gaming and even pet care attracted $2.5 billion in November alone, according to Bloomberg data.

“Their top holdings are focused on those companies that have benefited in a post-COVID world,” an expert says.

Fees among the leaders range from as little as two basis points to as high as 125 basis points.

Complicating socially conscious investing is the fact the SEC doesn’t regulate how the category’s labeling is applied.