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Eaton Vance Snares First Partner On ETMFs: American Beacon
Re: "The only way this will make sense is if the expense ratios are much lower than the mutual funds."
Now, all we have to do is wait for the 401-k shareholder lawsuits claiming that the custodian overcharged the participants by not offering them the ETMF fund/NextShares equivalents, rather than the "old fashioned" (and higher cost?) mutual funds.
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Now, all we have to do is wait for the 401-k shareholder lawsuits claiming that the custodian overcharged the participants by not offering them the ETMF fund/NextShares equivalents, rather than the "old fashioned" (and higher cost?) mutual funds.
Yippee!