BlackRock’s conversion of two mutual funds into active ETFs reflects a strategic move to adapt to the evolving investment landscape, providing investors with enhanced access to their $50 billion Global Allocation platform. This shift not only offers the benefits of liquidity and cost-efficiency associated with ETFs but also leverages BlackRock’s seasoned expertise in navigating market opportunities.
NEW YORK–(BUSINESS WIRE)–Today, BlackRock announced the conversion of two mutual funds from its Global Allocation suite into active ETFs, creating the iShares Dynamic Equity Active ETF (NASDAQ: BDYN) and the iShares Disciplined Volatility Equity Active ETF (NASDAQ: BDVL). The Funds offer access to the expertise of BlackRock’s $50 billion Global Allocation platform in the convenience and efficiency of an ETF.1 “The investment landscape is changing rapidly, and we see compelling opportunities t
Source: Original Press Release
