RE:RE:What does the ETF hold?
So, how does this work? Does Heritage actually buy and sell shares of the companies in the fund? Is the Unit price an average of the SPs of the companies in the fund weighted by how many shares of each Heritage owns? As an investor, are my "Units" some kind of proportional fraction of the total shares owned by Heritage?
Obviously, I'm not familiar with ETFs.
Thanks for any info.