Starting a Fund of Exchange Traded Fund
Alright so I'm not saying this is going to happen, and I don't know if this is the right place to post this. But Reddit just made fun of me, so here I am.
I was thinking about starting an fund made of ETFs. The investment thesis is simple. It starts with every country in the world. I use market cap and gdp. I sort every country in terms of market cap, assign a market for each country, and invest accordingly.
It's basically the S&P 500 for countries instead of companies. I do something similar for fixed income side except I use GDP.
If you can figure out the equation go right ahead. Not many people are willing to drop their career and do this on their own. Not worried about people using this investment thesis. At all.
Okay so my question is;
- Where do I start?
- How do I structure the fund?
- How do I raise capital?