By delivering ETFs in a mutual fund wrapper, ETFs become easily accessible to financial advisors who lack access to an ETF trading platform — mostly advisors licensed by the Mutual Fund Dealers Association of Canada. (investmentexecutive.com)
There's a liquidity shift from the hedge fund wrapper into an ETF or mutual fund.» (thinkadvisor.com)
The «CalPERS Decision» may be the real turning point for liquid alternatives, which are essentially hedge funds without performance fees wrapped in mutual fund or exchange traded fund wrappers. (mutualfundobserver.com)