Creation Unit
外汇网2021-06-19 13:36:35
133
A set of shares or securities that makes up one unit of a fund held by the trust that underlies an exchange-traded fund (ETF). One creation unit is the denomination of underlying assets that can be redeemed for a certain number of ETF shares.
Taobiz explains Creation Unit
Creation units can vary in size; with most containing between 25,000 and 600,000 ETF shares each. The use of creation units in the construction of ETF shares is critical because they allow for the repsentation of the underlying assets - the ETF shares, which repsent a tiny chunk of a creation share - to be traded intraday. The ability to trade ETFs on an exchange gives them a significant advantage over comparable investment vehicles, such as mutual funds.
标签：
- 上一篇： Junior Issue
- 下一篇： Cum Dividend
随机快审展示
推荐文章
- 黑马在线:均线实战利器 8799 阅读
- 短线交易技术:外汇短线博弈精讲 4110 阅读
- MACD震荡指标入门与技巧 4242 阅读
- 黄金操盘高手实战交易技巧 4593 阅读
- 做精一张图 3339 阅读
热门文章
- 港币符号与美元符号的区别是什么啊？ 25325 阅读
- 我国各大银行汇率为什么不一样啊？ 15453 阅读
- 越南盾对人民币怎么算的？越南盾对人民币汇率换算方法是什么 10386 阅读
- 百利好环球欺诈，不给出金，无法联系。 9938 阅读
- 黑马在线:均线实战利器 8799 阅读