I'll write an article on the difference between Canadian and Nigerian ETF funds shortly (the difference is considerable from what I've been reading). At first glance Nigerian ETF's seem like a really poor choice while in Canada they are easily the go to over mutual funds.
As for EDSI and Surge. Just so you are aware:
EDSI -- has a fair market value at 1 EDSI to 1 Hive. If you think that HIVE is going to make a swing upwards it is absolutely they play.
SURGE -- is structured much like a preferred share. If Hive goes up SURGE shares will likely fall in value. The benefit of holding SURGE is that it pays out in HBD (pegged to the USD). If you buy them you get a regular payout in HBD which acts as a nice stablecoin. Especially useful if Hive goes down :)
I can't wait to read the article. Nigerians aren't big on ETFs. Mutual funds, Bonds, and Treasury Bills are what we majorly deal with.
I checked the prices and noticed the same thing concerning EDSI and SURGE price. I will look to get some this coming week
Before you purchase anything... watch the spread! EDSI and SURGE don't have a liquidity pool and the spread between buy and sell can be brutal! I'm looking at what I can do to fix that but at the moment all I can say is EDSI was selling at 1.15 Hive this morning but it should be much much closer to 1.0 (maybe up to 1.03) please don't buy when there is a 15% spread in the market.
Thanks for the headsup. I will create my orders around 1.03 price
I finished the article. Not my best work (kind of rushed) so expect a better article when the community is up and running but if you are curious it is here