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Texas

A new ETF could disrupt the trillion-dollar money market fund industry

Texas Capital launched a money market ETF last month, but some financial advisors are cautious about changing that part of their portfolio.

By: CNBC
  • Oct 26 2024
  • 13
  • 246 Views
A new ETF could disrupt the trillion-dollar money market fund industry
A new ETF could disrupt the tr
A small Texas bank is trying to reinvent the money market fund for a new era, but financial advisors may take some time to warm up to the idea. Texas Capital launched a Government Money Market ETF (MMKT) in late September, taking aim at an asset clas... [3882 chars]

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