alt Hacker NewsYou can make a mutual fund or ETF with any stocks you want, you just can't call it a NASDAQ 100 fund if you're not tracking the NASDAQ 100 index.
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tonyedgecombe • yesterday at 5:57 PM
Is that really true? It doesn’t sound likely to me. Then again I’m often surprised by this stuff.
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It's an interesting question whether you could legally track the NASDAQ 100 without calling it that, or something very similar, e.g. "NASDAQ 100, but with a one year delay for new listings".
But assuming it is: How would you even call it, and how would you describe your methodology in the prospectus? "Tech 100 (compare with e.g. NASDAQ)"?