If you launch an ETF tracking an index which is anything other than a *very* minor variation on market cap weights, you have an actively managed fund. Didn’t think that needed saying but there you go.
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Isn’t the decision to be anything other than the all world index an active decision? You’re excluding valid market caps otherwise
Yeah everything is active in some sense, but market cap within an asset class or with a size/country threshold is close enough to passive that I’m willing to let it fly.
