Running discussion on SP, page-60580

https://www.vaneck.com/us/en/investments/rare-earth-strategic-metals-etf-remx/holdings/

We really shouldn't have to go over all this once again, but have a look at the Daily holdings detail, go to the bottom 2 rows. One is a current holding of AVZ as at close of play on 16th Dec - 0.24%. Look at the bottom line CASH 46mill - 4.37% of the REMX fund

What do you think the next update might show on, say Tuesday evening.

I'll pick the vast majority of the cash is invested in AVZ, taking the holding to the required level of 4.5%, as stated in the rebalance statement from 2 weeks ago, when they said AVZ would be entering the fund by close of business on 17 December

What don't you understand?