Sentences with phrase «specified creation unit»
NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through Authorized Participants.
https://www.nextshares.com/
NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through authorized participants.
Not exact matches
RSX issues and redeems shares at NAV only in a large specified number of shares, each called a «Creation Unit,» or multiples thereof.
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.