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.
Dimensional Fund Advisors plans to merge eight ETFs—US Core Equity 1 ETF (DCOR), US Core Equity 2 ETF (DFAC), US Vector Equity ETF (DXUV), US High Profitability ETF (DUHP), US Small Cap ETF (DFAS), US Targeted Value ETF (DFAT), US Small Cap Value ETF (DFSV) and US Real Estate ETF (DFAR)—into ETF share classes of corresponding mutual funds. The mergers will combine more than $250bn in assets and expand Dimensional’s dual-access structure, allowing investors to choose either ETF or mutual fund wrappers. The firm also announced fee reductions averaging 9% on an asset-weighted basis, driven by the scale benefits of the combined assets.
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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