As conversions continue to surge, $3.6 billion Sequoia mutual fund to become active ETF

Ruane Cunniff, adviser of the fund, said the conversion is driven by wider acceptance of active ETFs and the tax efficiency it provides.

Mar 11, 2026 - 14:00
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As conversions continue to surge, $3.6 billion Sequoia mutual fund to become active ETF
Ruane Cunniff, adviser of the fund, said the conversion is driven by wider acceptance of active ETFs and the tax efficiency it provides.

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