When an underlying ETF terminates, the fund’s shareholders will receive cash proceeds equal to the value of their shares, minus any liabilities of the fund. ETFs are often structured as a legal entity known as a limited partnership. When an ETF’s underlying holdings are liquidated, the partnership is dissolved and the cash proceeds are distributed […]
What Is A Blind Etf
A blind exchange-traded fund, also known as a blind trust, is a type of exchange-traded fund (ETF) that does not disclose its holdings to the public. Blind trusts are often used by wealthy individuals and families to manage their assets and holdings in a confidential manner. Blind trusts are managed by a third party, who […]
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