Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $1B-AUM, Two-Fund Conversion Wraps Up Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 13, 2021

A $1B-AUM, Two-Fund Conversion Wraps Up

Reported by Neil Anderson, Managing Editor

A 13-year-old, $1.7-billion-AUM fund firm has finished converting its offerings into an all-ETF lineup, as planned.

Today, Arnold Reichman, chairman of the RBB Fund, Inc. series trust, confirms that, at the end of the day on Friday, the MFAM Global Opportunities Fund and the MFAM Mid-Cap Growth Fund both converted into ETFs: the Motley Fool Global Opportunities ETF (TMFG) and the Motley Fool Mid-Cap Growth ETF (TMFM). The two funds hold a combined $1 billion in AUM and are part of the RBB series trust.

The Motley Fool Asset Management [profile] (fka MFAM) team revealed the conversion plans back in September. Now all four of its funds (three active, one passive) are traditional, transparent ETFs.

"The number of prospective conversions into ETFs remains high," Reichman states, noting that this is RBB's second conversion of the year. (The prior one was an SMA-to-ETF conversion.) 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use