Sentences with phrase «creation unit transactions»

Use of in - kind transactions may also increase a fund's tax efficiency and promote low investor trading costs by minimizing transaction fees applicable to Creation Unit transactions.

Creation Unit transactions may only be executed by or through Authorized Participants.

Redemptions from NextShares funds and ETFs are limited to Creation Unit transactions by or through an Authorized Participants.

Creation unit transactions are facilitated by ALPS Portfolio Solutions Distributor, Inc..

Because the Basket instruments and Creation Unit transaction fees that apply each business day are disclosed prior to the beginning of trading, NextShares market makers know each day the primary costs of entering into Creation Unit transactions on that day and the instruments to be paid or received in Creation Unit transactions.

In a Creation Unit transaction by a NextShares fund or ETF, the difference between the NAV of a Creation Unit and the aggregate value of the Basket instruments exchanged.

To provide this, NextShares funds disclose the current composition of their Basket, as well as the Creation Unit transaction fees that currently apply, prior to the beginning of market trading each business day.

Before the opening of regular market trading each Business Day, each NextShares fund posts to its website the daily Basket and Creation Unit transaction fees in effect that day.

Not exact matches

These are forms of digital money that use encryption to secure transactions and control the creation of new units.

This is where you have to get into the Creation and Redemption unit construct of the exchange - traded fund where there are «in - kind» transactions done to either create new shares of the fund or redeem out shares of the fund.

NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through authorized participants.

Purchasers and redeemers of Creation Units are charged a transaction fee to cover the estimated cost to the fund of processing the purchase or redemption and the estimated fund trading costs incurred in converting the transferred Basket to or from the desired portfolio composition.

NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through Authorized Participants.

Also like ETFs, NextShares issue and redeem Creation Units of shares at NAV, plus or minus a transaction fee that is intended to offset the estimated cost to the fund of processing the transaction and converting the transferred Basket instruments to or from the desired composition.

Transaction fees may include fixed amounts per creation or redemption event, amounts varying with the number of Creation Units purchased or redeemed, and amounts varying based on the time an order iscreation or redemption event, amounts varying with the number of Creation Units purchased or redeemed, and amounts varying based on the time an order isCreation Units purchased or redeemed, and amounts varying based on the time an order is placed.

The issuance and redemption of Creation Units by NextShares funds and ETFs, as well as the issuance and redemption of individual shares by mutual funds, are primary market transactions.

Instead, the premium or discount to NAV at which share prices are quoted and transactions execute will vary depending on market factors then in effect, including the balance of supply and demand for shares among investors, transaction fees and other costs in connection with purchasing and redeeming Creation Units of shares, the cost and availability of borrowing shares, competition among market makers, the share inventory positions and inventory strategies of market makers, the profitability requirements and business objectives of market makers, and the volume of share trading.

Like ETFs, NextShares issue and redeem shares in Creation Unit quantities in transactions by or through Authorized Participants.

The purpose of transaction fees is to protect the fund's shareholders from the dilutive costs associated with issuing and redeeming Creation Units.

Transaction Fees These are fees to offset the fund's transfer and other transaction costs associated with the issuance and redemption of Creation UnitsTransaction Fees These are fees to offset the fund's transfer and other transaction costs associated with the issuance and redemption of Creation Unitstransaction costs associated with the issuance and redemption of Creation Units of shares.

On the other hand, cryptocurrency is a medium of exchange that uses cryptography to secure the transactions and to regulate the creation of additional units of the currency.

Bitcoin is a digital money that uses encryption to secure transactions and control the creation of new units with the help of blockchain technology.