Indexuniverse has an interesting article on in-cash ETF share creations for muni ETFs as opposed to in-kind creations. The article attempts to explain how in-kind creations can help to eliminate ETFs trading premiums in cases where the underlying securities are relatively illiquid.
The following figure shows the trading premiums of the two types of ETFs.
Clearly allowing [...]
I am looking for an investment-grade bond ETF to round up my portfolio. The criteria I used include the following:
Low expenses : the lower the expense ratio, the better.
Diversification : for investment grade bond funds, generally the more holdings, the better.
Amount of assets & trading volume : generally the larger the better (improves liquidity, smaller [...]
A recent question on the Bogleheads forum was Exact sequence of an ETF TLH transaction:
Is there a recommended method of doing a TLH? I tend to like to TLH on market downturns if at all possible. Currently I start with the ETF that I would like to sell. I look at the bid/ask, and I [...]
Indexfundfan
Copyright © 2010 | indexfundfan @ indextown