Best stock symbol ever:
- Thread starter Deamiter
- Start date
Odale
Active Member
Well.. you need to.
*sigh*
Well you see, Exchange Traded Funds (or ETFs) are a lot like mutual funds but they're traded actively on stock exchanges like stocks. Because they're traded like stocks, they have to open their books and let investors know what they're holding not just once a quarter like mutual funds, but all the time. Since fund managers don't generally want the whole world to see exactly what they're holding, so they can build and maintain an advantage over other fund managers, ETFs have so far been tied to different indexes that pre-define a large group of stocks in a sector or market.
This first actively managed ETF is therefore doing something never been tried before -- actively managing a fund with open books so everybody knows what the fund is holding and when it's trading. They've essentially 'hacked' together a mutual fund that trades like a stock so the symbol HAX is ironically appropriate...
I warned you...
Well you see, Exchange Traded Funds (or ETFs) are a lot like mutual funds but they're traded actively on stock exchanges like stocks. Because they're traded like stocks, they have to open their books and let investors know what they're holding not just once a quarter like mutual funds, but all the time. Since fund managers don't generally want the whole world to see exactly what they're holding, so they can build and maintain an advantage over other fund managers, ETFs have so far been tied to different indexes that pre-define a large group of stocks in a sector or market.
This first actively managed ETF is therefore doing something never been tried before -- actively managing a fund with open books so everybody knows what the fund is holding and when it's trading. They've essentially 'hacked' together a mutual fund that trades like a stock so the symbol HAX is ironically appropriate...
I warned you...
Tath
New Member
ohh buahahahahahah....ha..........he..............huh?
*disclaimer, the above joke is sent in the kindest of thoughts, and from a noob who knows nothing of the financial world cept that the .99 value meal at Wendy's is a great way to save money
*disclaimer, the above joke is sent in the kindest of thoughts, and from a noob who knows nothing of the financial world cept that the .99 value meal at Wendy's is a great way to save money
ewoksrule
Active Member
wow, craving Wendy's chicken sandwich w/ fries dipped in frosty all of the sudden
Melinarlia
New Member
Fries dipped in a Frosty is so tasty and delicious and cheap!! XD
Thread has been hijacked. =P
Thread has been hijacked. =P
Odale
Active Member
You are the odd man out in this thread...
I love Wendy's food too!
Infact I need some NOW!
I love Wendy's food too!
Infact I need some NOW!
Avesther
New Member
Trust us Canadians to be inventive.
Tath
New Member
dude wendy's has the best fries hands down!!!! not those skinny toothpick fries McFronalds tries to pass on ya!
Odale
Active Member
I disagree.
McDonald's fries may resemble tooth picks, but they are not dry like Wendy's fries are.
Wendy's and Burger King's burgers trump McDonald's burgers though.
Melinarlia
New Member
I don't know. I think Chick-Fil-A's waffle fries are awesome. Plus they have chicken sandwiches!! Although I do love Burger King's Original Chicken sandwich....mmm...
Gah! Must...resist....eating out.........must.....eat.....healthy!!! X_x
Gah! Must...resist....eating out.........must.....eat.....healthy!!! X_x
Odale
Active Member
GIVE IN TO THE FAT!