Today I have bought Mirae FANG+ ETF for international exposure as US tech stocks are at all time low. it has 80 percent exposure of US equity market and 20 % exposure to china equity market. What I donot understand is
- How the prices of ETF keep on changing even when US market are not open?
- Suppose if US market moves by 1-2% up tomorrow then when will it get reflected in ETF prices?
As far Chinese holding of 20 % is concerned in ETF, I am not big fan of it, but 80% percent allocation in large cap stocks of US at throwaway prices watered my mouth.
All views are welcomed.
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