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Instead, ETF providers pitch their funds as targeting thenew-to-market discovery period of an IPO stock - after the pricesettles and before it is fully integrated into the broadermarket. The shelf-life of a single holding in the expectedRenaissance ETF, therefore, will be capped at two years, witholder IPOs removed during quarterly rebalances. The First TrustETF has a roughly four-year cap for stocks in its fund. |
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Kennith |
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2019-09-17 17:32:19 |
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