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Fidelity Says Advisors' ETF Use Rose Sharply This Year. Here's Why.
Analysis September 24, 2024 at 01:21 PM
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What You Need To Know
- Nearly three-quarters of advised portfolios at Fidelity now contain ETFs, the asset manager reports.
- The share of those portfolios made up of ETFs jumped from the prior few years.
- An explosion in active ETF options and increasing investor demand for tax efficiency are behind the shift, Michael Scarsciotti says.
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