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I took a look at a random prospectus to see what was disclosed (For ITOT). It does have some risk that sort of sound like this: > Authorized Participant Concen
by advisedwang 4y ago
I took a look at a random prospectus to see what was disclosed (For ITOT). It does have some risk that sort of sound like this:
> Authorized Participant Concentration Risk...To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem, Fund shares may be more likely to trade at a premium or discount to Net asset value and possibly face trading halts or delisting.