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 is a series consolidation?
- 6. What do I need to do if there is a series consolidation?
- 7. Are there fees charged for a series consolidation?
- 8. What are the subscription fees for an open-end Fund?
- 9. How do I redeem an open-end Fund?
- 10. Are there redemption fees for an open-end Fund?
- 11. My subscription or redemption is valued against an ‘estimated NAV’, what does this mean?
- 12. How long does it take before my subscription or redemption is completed?
- 13. Can I trade my open-end fund tokens on the ADDX Exchange?
- 14. What is the difference between a buy order and a subscription (or a sell order and a redemption)?
- 15. What is better, a subscription (redemption) or a buy order (sell order)?
- 16. The ADDX Exchange is mentioning a price. Is this the same as the NAV?
- 17. If I decide to subscribe for additional tokens instead of placing a buy order, will my additionally issued tokens be fungible with the previously issued tokens?