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.
ETF Shares has reduced the management fee on its ETFS US Technology ETF (ASX: WWWW) to 0.17% per year, making it the lowest-fee ETF in Australia offering pure-play exposure to the US technology sector. The fee reduction enhances the fund's appeal for cost-conscious investors seeking targeted access to leading US technology companies. Lower ongoing costs can help improve long-term net returns, reinforcing ETF Shares' competitive position in Australia's growing ETF market.
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.
ETF Shares has launched two currency-hedged US technology ETFs on the ASX: the ETFS Magnificent 7+ Currency Hedged ETF (HULK) and ETFS US Technology Currency Hedged ETF (HTTP).
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.
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