churn, churn, churn, page-9

Not really and we've had this discussion numerous times in the past. Fund managers don't have to hold CDU to track the index. Looking at volume spikes during SPI expiry I reckon 400-500K max would be the impact. And again it doesn't and won't happen on the day but rather in a more orderly fashion.

Fluffy be careful as CDU could do another MAK and BMN after you wrote them off.