So, has it been established that 3 months is the 'lock up' time before M1 lists new securities?
I ask as I'm currently building a dual-purpose portfolio, big chunk in technology/semis + SCHD, and another chunk in NEOS higher-yielding products.
I've noticed that with funds like MLPI, they seem to drop onto M1 approximately 3 months after the inception date. Perhaps other metrics need to be met as well, AUM and so on, but if those are met it seems that 3 months/90 days is the magic number.
The NEOS fund I'm eager to add soon is XQQI to round out my high-yield covered call pie.
It's at 69 million in net assets (M1 has listed funds with much lower numbers) and it's coming up on the 3 month mark from inception, May 2nd or 3rd.
Has anyone here tracked the metrics M1 uses before a security is listed on the platform? It would be helpful to know the process so I can better do my financial planning.