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Exchange traded fund with futures contract based assets

机译:以期货合约为基础资产的交易所买卖基金

摘要

An exchange trade fund comprising: an amount of a commodity trading in a spot and futures market, wherein the commodity is deposited with one or more custodians in exchange for one or more creation units as assets of the fund; wherein each creation unit represents a plurality of shares of the fund; and wherein each creation unit is redeemable for an amount of the commodity equal to the net asset value of the creation unit plus interest and less fund expenses and wherein the assets of the fund are invested in futures contracts. Also disclosed is a method for creating an exchange traded fund and a method for facilitating trading of an exchange traded fund.
机译:一种外汇交易基金,包括:在现货和期货市场中进行一定数量的商品交易,其中,将商品存入一个或多个保管人,以换取一个或多个创建单位作为该基金的资产;其中每个创建单位代表基金的多个份额;其中每个创建单位可赎回的商品金额等于创建单位的资产净值加上利息和较少的基金支出,并且其中基金的资产投资于期货合约。还公开了一种用于创建交易所交易基金的方法和用于促进交易所交易基金的交易的方法。

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