{"id":22561,"date":"2024-10-03T22:03:18","date_gmt":"2024-10-03T22:03:18","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2024\/10\/03\/fidelity-plans-latest-mutual-fund-to-etf-flip\/"},"modified":"2024-10-03T22:03:18","modified_gmt":"2024-10-03T22:03:18","slug":"fidelity-plans-latest-mutual-fund-to-etf-flip","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/10\/03\/fidelity-plans-latest-mutual-fund-to-etf-flip\/","title":{"rendered":"Fidelity Plans Latest Mutual Fund-to-ETF Flip"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/904789316\/0\/thinkadvisor.jpg\"><img decoding=\"async\" src=\"https:\/\/feeds.feedblitz.com\/-\/904789316\/0\/thinkadvisor.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2024\/09\/13_Fidelity_Investments_Sign_Shutter_640x640.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"first-para\">Fidelity Investments is looking to convert two of its municipal-bond mutual funds into exchange-traded funds, a move that underscores the popularity of the $10 trillion U.S. arena.<\/p>\n<p>The two funds impacted are the $170 million Fidelity Municipal Bond Index Fund and the Fidelity Municipal Core Plus Bond Fund, which has less than&nbsp;$70 million&nbsp;in assets.<\/p>\n<p>Both are expected to be converted next year, according to two separate regulatory filings.<\/p>\n<p>\u201cThese conversions can deliver new opportunities and value for our existing shareholders, while also expanding our solutions to help meet demand for access to innovative strategies in an ETF wrapper,\u201d said Greg Friedman, Fidelity\u2019s head of ETF management and strategy, in an emailed statement.<\/p>\n<p>The Boston-based asset manager isn\u2019t new to this trend.<\/p>\n<p>In June 2023, Fidelity announced that it would turn&nbsp;six of its mutual funds&nbsp;into ETFs, after revealing plans of a first wave of conversions the prior year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity Investments is looking to convert two of its municipal-bond mutual funds into exchange-traded funds, a move that underscores the popularity of the $10 trillion U.S. arena. The two funds impacted are the $170&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":22562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2024\/10\/fidelity-plans-latest-mutual-fund-to-etf-flip.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22561"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22561"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/22562"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}