BlackRock (BLK) said Monday it converted two funds from its Global Allocation suite into active exchange-traded funds.
The GA Dynamic Equity Fund is now the iShares Dynamic Equity Active ETF (BDYN), while the GA Disciplined Volatility Equity Fund is now iShares Disciplined Volatility Equity Active ETF (BDVL).
Both ETFs retain the same investment objectives and policies as their predecessor mutual funds, BlackRock said.
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