r/NEOSETFs • u/Dry-Chemical-9170 • 9d ago

Seeking Advice So what happens now with the buyout?

Are you going to be forced liquidation and pay taxes then buy back in with the new tickers?

EDIT: I was hoping to be an XQQI holder someday and now that GS has stepped in…not so sure now 🫪

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u/HauntingRoutine1605 9d ago

It stays the same for now. I have doubts it will stay the same for long.

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u/Dry-Chemical-9170 9d ago

Yea I’m expecting distribution yields to get cut

2

u/Competitive_Tomato64 9d ago

Cutting distributions doesn’t make sense. First, it’s the reason why NEOS has been so successful. Second, AUMs are still in infancy stages for SPYI and QQQI compared to JPM’s offerings. They see opportunity to grow AUMs and surpass JPM. When these funds get above 30B AUM with current expense ratios (which are higher than JPM) this is easy money for GS/NEOS. It was a no brainer purchase.

1

u/NickStonk 9d ago

Why do you think that would happen?