Open-End Funds
- 1. What are open-end funds?
- 2. How do open-end funds work?
- 3. How do I know a fund is open ended?
- 4. How do I subscribe to an open-end Fund?
- 5. What are the subscription fees for an open-end Fund?
- 6. How do I redeem an open-end Fund?
- 7. Are there redemption fees for an open-end Fund?
- 8. My subscription or redemption is valued against an ‘estimated NAV’, what does this mean?
- 9. How long does it take before my subscription or redemption is completed?
- 10. Can I trade my open-end fund tokens on the ADDX Exchange?
- 11. What is the difference between a buy order and a subscription (or a sell order and a redemption)?
- 12. What is better, a subscription (redemption) or a buy order (sell order)?
- 13. The ADDX Exchange is mentioning a price. Is this the same as the NAV?
- 14. If I decide to subscribe for additional token instead of placing a buy order, will my additionally issued tokens be fungible with the previously issued tokens?
- 15. What is a series consolidation?
- 16. What do I need to do if there is a series consolidation?
- 17. Are there fees charged for a series consolidation?
- 22. What fees will be charged for my subscription or redemption instruction if gating applies?
- 21. What happens to my subscription or redemption transaction if a gate has been applied?
- 20. How do I know if a gate applied to my subscription or redemption transaction?
- 19. Why do issuers implement a gate?
- 18. What is “Gating”?