Funds
issues shares
Open ended fund
if price is higher than NAV it is?
trading at a premium
what is FSRC?
fund search
Has a market cap
closed ended fund
if price is trading at a discount to NAV it is?
discount/arbitrage
what function is an etf screener?
ETF
pool of investors
open ended fund
what is NAV?
net asset value
difference between FSRC and ETF?
FSRC is for all funds, ETF is for only ETFS
low bid/ask spread
high liquidity
negative sentiment/investors pulling out money
bql formula to pull holdings
=bql("holdngs('spy us euity')", "name")
professional management
expense ratio
how is nav calculated ?
sum of the market value of the mutual fund portfolio assets, less any expenses, divided by the number of outstanding shares
formula to get the positions in bql
=bql("holdings('spy us equity')", "id().positions")