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.
Pacer ETFs will reduce the management fees for the Pacer US Export Leaders ETF (PEXL) and Pacer International Export Leaders ETF (PIEL) to 0.49%, effective August 1, 2026, from the previous 0.60%. The fee reduction lowers each fund's total annual operating expenses to 0.49%, with no 12b-1 or other operating expenses. Based on the updated prospectus example, a $10,000 investment would incur estimated costs of $50 after one year and $616 over 10 years, assuming a 5% annual return. The move makes both export-focused equity ETFs more cost competitive while preserving their existing investment strategies.
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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