Replies to post #15966 on LGBTQ Loyalty Holdings Inc (LFAP)

[DeltaWarrior]

No worries, I posted how we’ll benefit from the ETF yesterday, but I’ll repost it.

$LFAP Curious as to how the ETF will benefit us shareholders?

$LFAP will be the Sponsor of the ETF & index licensor for the LGBT focused index. ProcureAM would license the index and provide specific services for a ProcureAM listed ETF on the NYSE-ARCA or other US equity exchange

How Does Index Sponsors Get Paid?

Index sponsors earn revenues through their commercial policy, which tends to include two elements: a licensing agreement for the issuance of financial products based on an index, and a data usage licensing agreement, covering the provision of information on the index’s underlying data, like constituents, rebalancing dates, and so on. In recent years index sponsors’ price policies have become increasingly opaque under the pretext of customer confidentiality. One index provider is famous for stating during a US market data industry meeting in 2010 that its price list was official—but would be discussed on a one-to-one basis only.