What is Assets Under Management?

Practical Thresholds

• > $1 billion: very liquid, tight spreads, no concerns
• $100M - $1B: liquid, suitable for most investors
• < $100M: may have wider spreads, check trading volume
• < $10M: risk of fund closure (issuer may deem it unprofitable)

Why It Matters

A very small ETF risks being closed by its issuer, forcing a sale (potentially at an unfavorable time). Popular ETFs like VEQT.TO (> $5B) don't face this risk.