No worries, we are all still new in this field. It is another approach but I think it would hurt smaller investors and still enable people will large sums to do

No worries, we are all still new in this field. It is another approach but I think it would hurt smaller investors and still enable people will large sums to do arbitrage. Let's say the fee is 10$, if someone wanted to invest only 100$ they might think twice about it. While if the price of the fund is 1% too cheap, a big fish could simply buy shares for 100.000$ and make 990$ profit by just buying them.