Radio Show – Wes Gray & Patrick Cleary, Alpha Architect – All Things ETFs | #347
The Meb Faber Show - Better Investing
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What Is the Fun Conversion?
A fun conversion is basically, i'll explain what it is t i have to back into. If you're running managed accounts and you tell people to buy an e t f, that is basically replicating your strategy. Your clients are willingly accepting the tax hit to invest in a more tax efficient vehicle. The reason why you see so many mutual funds convert is because they're already part of the forty act,. They've already, by default, been following all these rules.
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