
Market Structure
How ETF creation units bring new shares into the market
Follow the distinction between ordinary ETF trading and the creation-unit process that lets authorised participants create or redeem fund shares.

Follow the distinction between ordinary ETF trading and the creation-unit process that lets authorised participants create or redeem fund shares.

An ETF can trade above or below its net asset value. Check the valuation time and calculation before interpreting a premium or discount.
Compare an index ETF’s stated fee with its tracking difference, using matching periods and benchmarks rather than one headline number.