Hi, I didn't bother with this as already got stuff in 2800.Original Post Deleted
I have the feeling this ETF was launched for fund managers rather than for retail.
Hi, I didn't bother with this as already got stuff in 2800.Original Post Deleted
I have the feeling this ETF was launched for fund managers rather than for retail.
Been reading up a fair bit on ETF liquidity.
Found that the size of the ETF (net asset value) can be deceptive. There are quite a few USD 1B+ ETFs which barely trade - no volume.
Fair bit of discussion in sacrificing a fraction of a percent on the expense ratio for certain ETFs in exchange for liquidity in the secondary market (i.e. on the exchange).
https://www.blackrock.com/corporate/...march-2017.pdf
For some ETFs I have been researching, 30 day average volume is also not good enough. Seeing spikes on 1st of the month - is something I need to look at further.
Also, if you are trading ETFs which have overseas Holdings, look for spikes / trading during market overlaps if any.
Just some thoughts for discussion.. I don't think this matters very significantly for the big iShares and Vanguard type funds, just trying to figure out worst case scenario - which is again irrelevant for long term plans as I assume there will be people selling when shit happens. My assumption may be wrong... Not adequately researched.
- will message you in a bit. I do remember it was a UK listed one - need to go through bookmarks.Original Post Deleted
- got to a desktop and looked at this. What am I missing? Seems to be working as advertised..Original Post Deleted