Guys the fund buys for the etf which is just people investing money. The funds lose nothing, the investors track the index and are happy.
Fund makes management fees and fees from shorters.
Guys the fund buys for the etf which is just people investing...
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Last
$1.95 |
Change
-0.005(0.26%) |
Mkt cap ! $367.4M | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.05 | $1.94 | $1.265M | 638.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21835 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 993 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |