Conversion ETFs Expand to 351 Funds as Market Reaches $1 Trillion
JH Kim
Summary
- The market for conversion ETFs, which let investors diversify portfolios concentrated in a single stock while deferring capital gains taxes, is growing rapidly.
- Eric Balchunas said there are now 351 conversion ETFs, and the market has grown to $1 trillion.
- Conversion ETFs are designed to help investors shift concentrated positions in individual stocks into more diversified portfolios while deferring capital gains taxes.
Forecast Trend Report by Period
The market for so-called conversion ETFs is growing rapidly as investors use the products to diversify portfolios concentrated in a single stock while deferring capital gains taxes.
Bloomberg ETF analyst Eric Balchunas said Aug. 14 that there are now 351 conversion ETFs and that the market has grown to $1 trillion.
Conversion ETFs are designed to help investors shift concentrated positions in individual stocks into more diversified portfolios while postponing capital gains tax payments.
JH Kim
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