Sentences with phrase «creation unit aggregations»

Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only.

Investors may aquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only.

Creations / Redemptions occur in Creation Unit aggregations or multiples thereof and involve delivering a specified basket of securities to the fund in exchange for ETF shares and vice versa.

Purchases and redemptions directly with ETFs are only accomplished through creation unit aggregations or «baskets» of shares.

NextShares and ETFs both have exemptive relief permitting exchange trading, limiting redemptions to Creation Unit aggregations of shares and authorizing other distinctive practices.

Investors may acquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only.

Investors may acquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only.

Among other matters, exemptive relief is required to permit NextShares to trade on an exchange and to redeem shares only in Creation Units aggregations.