Nasdaq Fund-of-Funds Fee Drag
The Kotak Nasdaq 100 Fund of Funds may incur higher expenses due to its structure compared to direct investments in US tech stocks.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Innovator Capital Management, LLC announced today that the Funds' Board of Trustees, at the recommendation of Innovator, has approved a plan of liquidation for each Fund...the Innovator Hedged Nasdaq-100 ETF...will begin the process of liquidating portfolio assets and unwinding their affairs in an orderly fashion over time."
"Burry's central claim is that companies, and the Wall Street analysts who cover them, don't properly account for the full costs of stock-based compensation."
"This adds an extra layer of expenses, but the difference can be marginal if low-cost ETFs are chosen."