How does the creation/redemption process of Lyxor ETF EuroMTS Inflation linked work?
The tracker Lyxor ETF EuroMTS Inflation linked is a compartment of the French SICAV Multi Units France. The compartment is UCIT compliant. Lyxor ETF EuroMTS Inflation linkedcan be bought or sold continuously during the stock exchange’s opening hours on the NextTrack segment of Euronext through any usual financial intermediary (bank agency, broker or e-broker, etc..) Like for any trackers, you can trade them on a continuous basis and brokerage fees are the same as any other shares listed on Euronext Paris on the cash market. The primary market for trackers is a mechanism that allows investors to create or redeem shares in the fund at the prevailing net asset value on any trading day (see AMF prospectus for more details). Shares in Lyxor ETF EuroMTS Inflation linked can be created and redeemed in exchange for the basket of shares that makes up the EuroMTS Inflation linked index or for cash based on the size and commission conditions as fixed in the prospectus approved by the French AMF”
