Comment by dmoy
3 days ago
I just read the prospectus investment strategy, and it looks like it trails the trades by up to 30-45 days? Seems like the majority of that upside might be gone by then, no? They explicitly list that in Reporting Delay Risk.
Also I didn't see any info on whether the fund manager can beat hft et al to the punch once disclosure happens.
It would interesting to know how it performs relative to other index funds even with the delay risk. A few people have been saying Nancy is getting better returns than Warren Buffet
https://x.com/HawleyMO/status/1919738880204345581
I compared it to .SPX, and the 12 month charts look almost identical.
Which makes sense to me, 45 days is a loooooong time, and I kinda doubt this fund is cutting edge speed trading on disclosures when they do show up.