Very good question. He always insists on his investments being liquid. He has no interest in anything that he can't sell in 10 minutes.
ETF market is so dominated by BlackRock, BMO, and Vanguard, everyone is squabbling over the remaining 15% of the market. So you end up with a lot of nichey products. Evolve has a number of very small ETFs. Adds an element of doubt, so he avoids them. It may be unfair, but he's dealing with retirees who don't need anything that's not liquid.
Evolve FANGMA Index ETF is a Canadian stock, trading under the symbol TECH-T on the Toronto Stock Exchange (TECH-CT). It is usually referred to as TSX:TECH or TECH-T
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0 stock analysts on Stockchase covered Evolve FANGMA Index ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Evolve FANGMA Index ETF (TECH-T) stock closed at a price of $18.31.
55 bps expense ratio. Strong performer this year, but not so much in 2022. How much is left in the tank? He owns some of the underlying names, and some names he will own tactically from time to time. With tech, a lot of names are extended on price to sales. Not a good entry point, expects rotation to better risk/reward areas.