I am trying to figure how a brokerage, say Vanguard, decides they are going to make a new ETF? Say it’s 10-15 years ago and Vanguard decides to open MGK. How do they go about enough interest to fund the funds, so to say (I’m likely saying this incorrectly)? Do they break out from another mutual fund or ETF? How do they set the initial price of a share?
Submitted June 19, 2020 at 06:08PM by RichTannins https://ift.tt/2NarguR
