ETFs
are different than mutual funds, in that they are traded on
exchanges; they are indexes that are not managed by advisers.
From
time to time, their securities may be lent for purposes of short
selling, It’s a source of added income. The stock lending profits
of such ETF funds can be substantial.
Do
earnings go back to shareholders of the ETF, or to its managers?
In
some funds, almost all go to the shareholders, while as little as
half may be returned to other holders.
You
should check your ETF investments, to see how your managers treat
these earnings.(See the Earl J. Weinreb NewsHole® comments.)
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