BlackRock’s conversion of its Global Allocation mutual funds into active ETFs signals a strategic shift to meet the evolving demands of investors seeking flexibility and efficiency. This move not only enhances access to BlackRock’s substantial investment expertise but also positions these funds to capitalize on dynamic 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
