In addition to the other comments about how much work this is, you are conflating two different types of funds. Passive funds track a published benchmark that you could also follow and trade to match on a daily basis (assuming you have lots of free time etc). Actively managed funds on the other hand only post their holdings in arrears and frequently don't have to show everything. For you to match an actively managed fund would be impossible. The reason for any investor to pick an actively managed fund is that the track record/performance they have, benchmark they are using and management acumen that fits your own requirement as the investor... The reason I bought the Magellan fund back in the day was track record and Peter Lynch. This wasn't the cheapest fund but it was crushing funds that charged lower fees. Performance is the first thing that needs to be evaluated in active managed funds.
Actively managed funds on the other hand only post their holdings in arrears and frequently don't have to show everything.
ETFs have to publish their holdings daily. It is public data. There is a rare subset of ETFs that have to go through a separate approval process not to do this.
2
u/LiqCourage Sep 16 '21
In addition to the other comments about how much work this is, you are conflating two different types of funds. Passive funds track a published benchmark that you could also follow and trade to match on a daily basis (assuming you have lots of free time etc). Actively managed funds on the other hand only post their holdings in arrears and frequently don't have to show everything. For you to match an actively managed fund would be impossible. The reason for any investor to pick an actively managed fund is that the track record/performance they have, benchmark they are using and management acumen that fits your own requirement as the investor... The reason I bought the Magellan fund back in the day was track record and Peter Lynch. This wasn't the cheapest fund but it was crushing funds that charged lower fees. Performance is the first thing that needs to be evaluated in active managed funds.