Does anyone care to explain or know how these ETF's work?
Do they hold indefinitely?
Do they sell at x y Z % profit?
Do they sell when the clients(boomers) say sell?
Or is the fund manager in control?
Do they actively trade too?
Thanks,
There is a very good explanation in this long twitter thread:
https://twitter.com/teddyfuse/status/1763577899506921632