Sentences with phrase «underlying value of the units»

Not exact matches

Authorized participants may wish to invest in the ETF shares long - term, but usually act as market makers on the open market, using their ability to exchange creation units with their basic securities to provide liquidity of the ETF shares and help ensure that their intraday market price approximates to the net asset value of the underlying assets.

The NAV represents the per - unit value of the underlying securities, so in theory it should be what investors are willing to pay for one share of the ETF.

When the price of the ETF deviates from the underlying asset value, institutions utilize the arbitrage mechanism afforded by creation units to bring the ETF price back into line with the underlying asset value.

Unlike a unit trust, the price of a share of an LIC can vary from the underlying asset value.

Like a mutual fund, ETFs are open - ended, meaning that new units of the fund can be created or redeemed at a price per unit that reflects the market value of the underlying securities the fund holds.

I valued the NAV of the partnership's underlying assets at about $ 17.35 per unit and was able to purchase units for an average price of around $ 11.65.

The price at which you buy and sell units reflects the underlying value of the infrastructure assets in which you have invested.

The Portfolio will then enter into non-U.S. currency hedging transactions to hedge the exposure of the net asset value of units of the Underlying Funds held by the Portfolio to fluctuations in the value of non-U.S. currencies.

The price of a my529 unit is determined by the value of the respective underlying funds.

The value of the underlying assets of the fund influences the current price of units.

Authorized participants may wish to invest in the ETF shares for the long - term, but usually act as market makers on the open market, using their ability to exchange creation units with their underlying securities to provide liquidity of the ETF shares and help ensure that their intraday market price approximates to the net asset value of the underlying assets.

If this is the case, he may not care too much about market pricing of the units, as management fees are based on underlieing asset value, not market prices.

A unit - linked insurance plan (ULIP) is a type of life insurance where the cash value of a policy varies according to the current net asset value of the underlying investment assets.

The underlying blockchain gives us (1) a unit of value that can be used to create incentives and penalties, and (2) a toolkit with which we can design conditional logic in the form of «smart contract code.»