... stock Exchange Compensation fund 证券交易所补偿基金 stock redemption fund 收回股份基金 store fund 材料基金;库存物资基金 ...
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The SuperTrust structure had share creation and redemption characteristics of an open-end fund and the trading flexibility of a stock.
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With this approach, the ETF fund manager can purge the lowest basis stocks via in-kind stock transfers through the creation and redemption process.
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