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I noticed the following on the ETF page:

Vanguard ETFs are not redeemable with an Applicant Fund other than in Creation Unit aggregations. Instead, investors must buy or sell Vanguard ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

Does this mean that, if I want to sell an ETF I can't just press a "sell" button on Vanguard, I have to hire someone to find a connection?

Sorry for the potential stupidity of the question



Submitted January 03, 2018 at 11:17AM by BeatlesLists http://ift.tt/2Ck3YeW

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