How ETFs Actually Work: Creation, Redemption, Tax Trick
How ETFs really work: authorized participants, the creation/redemption mechanism, in-kind tax efficiency, premiums/discounts to NAV, and Rule 6c-11.
creation redemption
How ETFs really work: authorized participants, the creation/redemption mechanism, in-kind tax efficiency, premiums/discounts to NAV, and Rule 6c-11.