Sentences with phrase «creation units directly»

Only an Authorized Participant may create or redeem Creation Units directly with the fund.

Only an Authorized Participant may create or redeem Creation Units directly with the Fund.

Only an Authorized Participant may create or redeem Creation Units directly with the Fund.

Only a Participating Dealer may create or redeem Creation Units directly with the ETF.

Not exact matches

However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants, in very large creation / redemption units.

However, shares are not individually redeemable from the ETFs and may only be purchased and redeemed directly from the ETFs by Authorized Participants, in very large creation / redemption units.

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

Only so - called authorized participants (typically, large institutional investors) actually buy or sell shares of an ETF directly from or to the fund manager, and then only in creation units, large blocks of tens of thousands of ETF shares, which are usually exchanged in - kind with baskets of the underlying securities.

Instead, financial institutions purchase and redeem ETF shares directly from the ETF, but only in large blocks, varying in size by ETF from 25,000 to 200,000 shares, called «creation units».

Supply and demand directly influence the creation and redemption of creation units.

Shares are not individually redeemable from the ETF, however, shares may be redeemed directly from an ETF by Authorized Participants, in very large creation / redemption units.

However, shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.

Shares are not individually redeemable from the Fund, however, Shares may be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.