05. ETF Sponsors
L2 07 ETF Sponsor V2
ETF Sponsors
ETF Sponsors are the financial institutions that issue ETFs. We can think of them as most similar to the fund managers of mutual funds, because they design a portfolio and issue ETF shares. ETF Sponsors may generally charge lower fees compared to other types of funds, in part because of some efficiencies that make it cheaper to run the fund. We’ll learn about some operational efficiencies later in the lesson.