The rebalancing of MTUM's quant strategy will push the weighting of financial stocks to a third from less than 2% currently. The technology sector will slide to 17% from 40%.
In this week's fund news, Vanguard is bringing private equity to individual investors, an ETF based on Barney Frank's LGBTQ Index goes to market, and Wells Fargo is to become the latest to allow wealthy clients to access cryptos.
Morningstar's Ben Johnson, a member of the Inside ETFs advisory board, talks about the most underrated, high-impact development in ETFs, and the investor behavior driving the markets.
One legal expert says mutual fund sponsors are afraid they’ll lose assets in an ETF conversion. But the secret to an alternative may lie in a Vanguard patent that expires in 2022.
Todd Rosenbluth talks about the changing landscape of ETF products, where he expects to see innovation and growth in the space, and why ESG and thematics are here to stay.
Cathy Curtis, the founder of Curtis Financial Planning and a member of the Inside ETFs advisory board, on why some older clients still resist ETFs, the merits of ESG and why thematic ETFs may be too volatile for some clients' portfolios.
