Just plain curiosity borne of my own ignorance. What are the chances or possibilities of these institutions doing the same thing we’ve just witnessed with Blackrock? Thoughts you may have about the security of your funds going forward?
Likelihood of a withdrawal restriction at an institution like Fidelity or Vanguard?
byu/AlasKansastan instocks
Posted by AlasKansastan
2 Comments
Do you understand that what BlackRock did is a normal thing for a closed end fund to do?
You’re not gonna have this issue investing in stocks or ETFs. This is common with alternative strategies – you can’t just redeem any time you want because the fund is operating with a yearslong investment horizon.
Private equity is not a liquid asset and it never should have been pushed so hard. This will not happen with normal investment strategies (stocks, ETFs, mutual funds, etc)