Gabe Rissman, president of YourStake, provides his take on the top ESG news items and research findings from 2021 that advisors need to know, with a look ahead to 2022.
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...
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.
“Fixed-income is really the only game in town if you want to harvest losses at this point in the year.”