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  1. 27-07-2021, 06:39 PM #5
    JeffW
    JeffW is offline
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    The fund price tracks the underlying share values reasonably closely - you will see that the Smartshares Funds announce to the market, I think twice per week, the underlying asset value. Part of the reason that they track so closely is that the are "open ended" funds - there is not a fixed number of units and they create new units each month to cater for those investors who make monthly deposits into the fund. Contrast this with same KFL or BRM which often trade at a premium to the underlying NTA value
    Last edited by JeffW; 27-07-2021 at 06:41 PM.
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