As bond ETFs become more popular,
the more creation and redemptions of shares we have to manage.
Not exact matches
In certain instances, unlike other ETFs, the Fund may effect
creations and redemptions partly or wholly for cash, rather than in - kind, which may make the Fund less tax - efficient
and incur
more fees than a
more conventional ETF.
A
more fundamental set of issues concerns the status of political relationships as such in the various stages of the biblical drama:
creation, fall,
redemption,
and future transformation.
Even in the Bible, the
redemption of Israel
and the establishment of the Church fall within the
more encompassing chronicle of nature's own
creation and liberation.
David Lull responds initially by arguing from Cobb that the idea of creative transformation is a material norm for theology,
and that the word «transformation» is a rational statement of the
more symbolic terms «
creation,
redemption, justification, emancipation, or sanctification» (WPH 194).
If we see the Incarnation as the predestined final crowning of all
creation in Christ, Son of God
and of Man, whose kingly destiny is changed, by the divine mercy, into a painful
Redemption of his fallen inheritance, then we have a much
more majestic vision of Christ, one much
more in conformity with the vision of John
and Paul,
and one much
more capable of development in the theology of gender.
As the portfolios here change through a
Creation /
Redemption process, there is generally
more tax - efficiency here though if a fund has a mix of open - end
and ETF share classes this may not be completely true of only ETFs.
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.