Redemption of ETF Securities GLOBAL PREMIER EXCHANGE

Redemption of ETF Securities

Basically, the same creation unit applies to redemption of ETF securities as in creation or the issue of new shares. In other words, investors can request redemption of ETF securities in creation units to the AP, etc., and the AP which was requested for the redemption should request the redemption to the collective investment company that manages the ETF without delay. After the closing of the management of the ETF on the day when the request for redemption was made, the collective investment company pays the asset corresponding to the creation unit based on the asset of the ETF via the AP to the investors, and the ETF securities corresponding to the redemption are removed in the method of partial redemption or partial retirement.