Who Benefits Most from Dual-Share Class ETFs?

Who Benefits Most from Dual-Share Class ETFs?

The benefits of dual share classes may not be shared with the whole class. With ETF dual share class approval likely around the corner — and as asset managers continue to convert their existing mutual funds into exchange-traded funds — advisors and fund managers are busy preparing to offer the structures to clients. Even Vanguard, the only company to offer the structure before its patent expired in 2023, recently filed as well. The strategy woul…