Developing an ETF
Does anyone here have experience with making an ETF? I have seen various different opinions on the internet and would like to hear any personal stories. How much does it cost to develop/maintain? Are mutual funds cheaper to develop?
Hi Ny1295, check out these resources:
I hope those threads give you a bit more insight.
Yeah its pretty expensive to say the least and you'll be competing with the big boys. IMO maybe join some of these ETF firms and become PM eventually.
ETF space is highly commoditized. Fee is compressed. Not sure why do you want to join the battle of whose-management-fee-lower.
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