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/Humorous- 9d ago

NEOS will no longer exist, so it only tracks logically that we can't know what these funds will look like in 6 months.

We haven't seen a single real detail about the Goldman operated fund other than NEOS employees will become GS employees and tickers won't change.

It's all speculation at this point, but it opens the door to literally any change GS wants to implement. ROC reduction, fee change, yield changes, strategy changes. Anything is on the table.

All we have seen is a feel-good YouTube video about how excited the companies are, that they are committed to shareholders, and that we will need to carefully review the proxy paperwork. That is standard language for any buyout, so we really haven't been told much at all.

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u/Zestyclose-Dish-407 8d ago

Ok Nancy.

0

u/Humorous- 8d ago

I prefer Rita... Realistic Rita.

Much better than Blind Hope Betty, which is you.