Quote:
Originally Posted by oldjudge
Ryan-I disagree. Equity or debt mutual funds make sense because there is price transparency on the components. Arbs will keep the value in an appropriate range. Not so on a collectibles fund. If you can’t set value based on components then you are left solely with determining a market by best bid/offer. If an event happens the volatility could go through the roof. Are you going to trust the fund provider to tell you what the shares are worth?
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No. I would be the fund provider…. But I hear what you are saying Jay. Sponsorship becomes SO much more important