In this week’s fund news, DFA, Vanguard and Schwab cut fees; the anti-ARK ETF is one of the most actively traded ETFs launched so far this year; Schwab RIAs get T. Rowe funds with no transaction fees; and RiverNorth takes stake in TrueMark to...

About $900 billion has flowed into the ETF market since the start of the year -- easily a record. Barely any funds are getting shuttered. 

The Generation Z ETF (ZGEN) tracks a portfolio of “future-focused companies that align with Generation Z.”

The cuts among 47 mutual funds and three ETFs span equity and fixed-income funds and will take effect on Feb. 22.

The $1.4 trillion asset manager expects to complete the process of flipping two mutual funds with roughly $250 million of assets into ETFs by the third or fourth quarter of next year.

“When the Fed decides to hike, it’s not necessarily going to be bad for gold."

In changing BTAL from a passive to an active fund, AGF is seeking control over the beta-momentum correlation.

“Fixed-income is really the only game in town if you want to harvest losses at this point in the year.”

Unlike sector-focused ETFs, thematic ETFs can provide a more targeted approach to long-term investment trends such as blockchain, electric vehicles and infrastructure development.