I guess I didnt think about that. I guess being a percentage of the overall holdings, it would have to be the percentage of the total dollar holdings. Therefore I would think it would be in $ terms.
Wouldnt a fund normally state the % in terms of dollars ?
If a fund had CSL and Afterpay, one is approx 15 times the Value of the other, so I wouldnt have thought that volume would have been used as a comparison tool when describing %’s. In this case to have APT as the largest % holding by volume, you would need 15 times the number of CSL.
Good question that I hadnt even considered. I assumed that it would have been holdings in dollar terms.
Happy to be educated........
Why the big sell off?, page-19
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 14856 | 4 |
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