How can investors compare diversified exposure to newly listed US companies?
Our answer
Compare any fund’s index rules, actual holdings, fees, liquidity and availability to your account. Check how soon new listings can enter the fund, how concentrated it is and how long companies stay in its basket. Holding a fund gives exposure to the portfolio under its rules.
Fund exposure
Buying a share of an ETF on an exchange does not give you a subscription at the offer price of each new listing.
Long-term comparison
Read the fund documents, compare concentration and costs over your intended holding period, and verify whether your broker accepts orders for that fund.