New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
BlackRock has converted €13 billion of European ETFs from optimized sampling to full physical replication as soaring AI and semiconductor stocks pushed holdings toward UCITS concentration limits. The move allows the funds to use higher issuer limits available to fully replicating ETFs, improving benchmark tracking while remaining compliant with regulations. The change reflects growing pressure from concentrated mega-cap technology names such as Micron and ASML and comes as European regulators consider revising concentration rules for benchmark-tracking funds.
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Virtus will overhaul the Virtus Terranova U.S.
DWS has converted the Xtrackers MSCI EAFE Selection Equity ETF (EASG) into the Xtrackers Bloomberg Developed Markets Ex US Equity ETF (DMXU), effective September 14.
VanEck’s Junior Gold Miners ETF (GDXJ) is adding First Mining Gold, Troilus Mining and Silver Tiger Metals, effective after market close on September 18.
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