Constancy says its disruptive funds put money into “revolutionary enterprise fashions, rising industries, and applied sciences which might be altering the established order.” Additionally, the six funds being transformed to ETFs could have the identical portfolio managers because the mutual funds, that are:
- Constancy Disruptive Automation Fund (FBOTX)
- Constancy Disruptive Communications Fund (FNETX)
- Constancy Disruptive Finance Fund (FNTEX)
- Constancy Disruptive Medication Fund (FMEDX)
- Constancy Disruptive Expertise Fund (FTEKX)
- Constancy Disruptors Fund (FGDFX)
“A rising variety of buyers are searching for the tax effectivity, buying and selling flexibility and potential value effectivity advantages of ETF automobiles. These ETF conversions ship new alternatives and worth for our present shareholders whereas additionally increasing our options to assist meet demand for entry to thematic methods in an ETF wrapper,” stated Greg Friedman, Constancy’s head of ETF Administration and Technique, in an announcement.
Constancy now has 51 ETFs with $28 billion in property. Its platform contains over 2,500 ETFs with about $777 billion in property.
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