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BlackRock Feeds Rising ETF Demand With First Mutual-Fund Flip
News November 18, 2024 at 11:12 AM
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What You Need To Know
- The world’s biggest asset manager has converted the BlackRock International Dividend mutual fund into an ETF.
- With its first mutual fund-to-ETF conversion, BlackRock has joined the likes of asset managers including DFA and Fidelity.
- The firm has seen a shift in investor preference toward active ETFs versus mutual funds.
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