It means that what counts in any human life is not lost or wasted or rejected, but has its decisive judgment and fulfillment in the one history of creation and redemption. (religion-online.org)
Like index ETFs, the share creation and redemption process would make the actively managed ETF more tax - efficient than a traditional active open - end structure. (fidelity.com)
The ETF is an actively - managed fund, not a closed - end fund, so it has to hold the most available securities to allow for creation and redemption. (etfbase.com)