m*****n
发帖数: 251 | 5 看到这一段，供大家参考。
Shares of the Fund May Trade at Prices Other Than NAV. Shares of the Fund
may trade at, above or below their NAV. The per share NAV of the Fund will
fluctuate with changes in the market value of the Fund’s holdings. The
trading prices of Shares will fluctuate in accordance with changes in its
NAV as well as market supply and demand. However, given that shares can be
created and redeemed only in Creation Units at NAV (unlike shares of many
closed-end funds, which frequently trade at appreciable
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discounts from, and sometimes at premiums to, their NAVs), the Adviser and
Sub-Adviser believe that large discounts or premiums to the NAV of the
shares should not be sustained. While the creation/redemption feature is
designed to make it likely that shares normally will trade close to the Fund
’s NAV, disruptions to creations and redemptions may result in trading
prices that differ significantly from NAV. Since foreign exchanges may be
open on days when the Fund does not price its Shares, the value of the
securities in the Fund’s portfolio may change on days when shareholders
will not be able to purchase or sell Shares. |
