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Do HuRLOs™ purchased in the secondary market add to the amount of funds in the mutualized risk pool?

April 26, 2017funds hurlos™ market pool risk Secondary

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Do HuRLOs™ purchased in the secondary market add to the amount of funds in the mutualized risk pool?

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No. A buyer of the HuRLO™ in the secondary market just replaces the seller in the existing pool and offers that seller a way to cash-out its HuRLO™ at a price agreed to by both parties.