9 hours ago
"DFA US Micro Cap ETF DFMC, Dimensional’s first exchange-traded share class of an existing mutual fund, began trading today, March 20, 2026.
It marks the first time an actively managed ETF share class has been added to an existing mutual fund.
Vanguard pioneered the structure in 2001 and applied it to its index-tracking mutual funds,
and F/m Investments added a mutual fund share class to its existing Treasury 3 Month Bill ETF TBIL in mid-February."
"More ETF share classes are expected to hit exchanges in the coming years.
An additional 97 asset managers have requested the SEC’s permission to use the structure,
and a handful of those have already filed paperwork to add an ETF share class to a specific mutual fund."
https://www.morningstar.com/funds/dimens...ts-trading
It marks the first time an actively managed ETF share class has been added to an existing mutual fund.
Vanguard pioneered the structure in 2001 and applied it to its index-tracking mutual funds,
and F/m Investments added a mutual fund share class to its existing Treasury 3 Month Bill ETF TBIL in mid-February."
"More ETF share classes are expected to hit exchanges in the coming years.
An additional 97 asset managers have requested the SEC’s permission to use the structure,
and a handful of those have already filed paperwork to add an ETF share class to a specific mutual fund."
https://www.morningstar.com/funds/dimens...ts-trading