Mutual fund-to-ETF conversion: Tax implications.

The article focuses on tax implications for mutual fund-to-exchange-traded fund (ETF) conversion. It mentions mutual funds, commonly referred to as "open ended" funds, issue shares directly to shareholders and redeem them at the demand of the shareholder at the fund's net asset value (NAV). It also mentions Mutual funds register with the U.S. Securities & Exchange Commission (SEC) under the Investment Company Act of 1940.