Real-time NAV info for QBTC and QETH

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Appreciate your notification last week regarding QBTC. I have one request and one question:

REQUEST: Is there a way that you guys can keep members in-the-know in real time regarding when NAV falls below price for both QBTC and QETH? Maybe a special crypto section on the Premium site. I’m guessing enough members are interested in crypto and hence would be interested in such a feature.

QUESTION: You guys often mention MERs fees associated with ETFs. Suppose one is making short-term trades with ETFs (for example, weekly, for the sake of argument) instead of holding them, then what is the consequence of the MERs? I have made a couple of trades with other ETFs before and didn’t notice any fees besides the usual brokerage commissions.

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Asked on January 31, 2021 8:12 pm
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Private answer

Hi there,

From what I've seen - there is no real time NAV on QBTC. Only the NAV available on their website which is is reflective of end of day prices. If you head over to Discord, there is currently lots of talk on Cryptos and is likely the spot where if we were to do that regularly, would be there. It was the first time in months that it fell below NAV which is why we thought we'd send it out. It is not something however that we are checking daily.

MER's are built within the total returns of the ETF, they are not broker fees or something that you pay out upon buying or anything. So its not like a commission where there is a cash outlay - it is reflected as an adjustment in the NAV of the ETF.

Mat

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Posted by Mathieu Litalien
Answered on February 1, 2021 4:20 am
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Private answer

Hi there,

From what I've seen - there is no real time NAV on QBTC. Only the NAV available on their website which is is reflective of end of day prices. If you head over to Discord, there is currently lots of talk on Cryptos and is likely the spot where if we were to do that regularly, would be there. It was the first time in months that it fell below NAV which is why we thought we'd send it out. It is not something however that we are checking daily.

MER's are built within the total returns of the ETF, they are not broker fees or something that you pay out upon buying or anything. So its not like a commission where there is a cash outlay - it is reflected as an adjustment in the NAV of the ETF.

Mat

Marked as spam
Posted by Mathieu Litalien
Answered on February 1, 2021 4:20 am