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Comments

  • coyrls
    coyrls Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The mechanism for creating new ETF units ensures that there is not a significant premium or discount.  If there was a premium or discount, the tracking error for ETF trackers would be unacceptable.  The mechanism for creating or removing ETF units is dynamic, unlike the formal mechanism of issuing new shares (or for share buy backs) needed for investment trusts.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 May 2022 at 4:52PM
    coyrls said:
    The mechanism for creating new ETF units ensures that there is not a significant premium or discount.  If there was a premium or discount, the tracking error for ETF trackers would be unacceptable. 
    Market liquidity determines price. No buyers. Discounts occur. Takes two parties to trade. Many ETF's aren't traded frequently. 
  • I'm just trying to get my head around this particular concept - the HSBC global fund, is that an example of an etf?
  • Albermarle
    Albermarle Posts: 29,756 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Sandra97 said:
    I'm just trying to get my head around this particular concept - the HSBC global fund, is that an example of an etf?
    No, just ignore the posts about ETF's, the thread has gone a bit off tangent ( it often happens ) 
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