I guess my question now would be: Let’s take ARG as an example. ARG is a much smaller outfit compared with SSGA (issuer of STW), wouldn’t ARG be much riskier than STW, i.e. if ARG did go under, would you lose the lot? Legally you only own ARG shares, you don’t own the underlying stocks that make up the LIC.
Sorry for putting more TLAs on the table, and thanks for putting up my ignorance. My workmates are watch this as well, they are planning to take the plunge.
etfs, page-14
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Last
$70.01 |
Change
0.910(1.32%) |
Mkt cap ! $5.187B | |||
| Open | High | Low | Value | Volume |
| $69.95 | $70.16 | $69.50 | $4.693M | 67.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 0 | 4000 | $69.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.01 | 3500 | 0 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| STW (ASX) Chart |