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.
Franklin Templeton will rename the Franklin Focused Growth ETF to the Franklin Focused Dynamic Growth ETF effective June 30, 2026. Alongside the rebrand, the fund’s management fee will be reduced from 0.55% to 0.41%, lowering total annual operating expenses to 0.41%. The fund’s investment objective remains unchanged, though its strategy description will emphasize evaluating companies’ positions within a “dynamically changing global economy.” The fee cut significantly improves the fund’s cost competitiveness while maintaining its actively managed growth-focused approach.
Source: SEC Filings
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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