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Vanguard Seeks SEC Approval to Expand Tax-Busting Fund Design
News June 12, 2025 at 01:14 PM
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What You Need To Know
- Approval would allow a mutual fund and ETF to co-exist as distinct share classes for the same assets.
- Vanguard pioneered the design and has used it on index funds.
- Over 50 asset managers have applied to use the same structure.
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