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What is the set amount or value of direct purchase or sale of investment unit with the Management Company?

April 26, 2017COMPANY Investment Management purchase sale value

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What is the set amount or value of direct purchase or sale of investment unit with the Management Company?

1 Answer

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10 Posted

The Management Company will only allow direct sale/purchase of investment units with participating dealers whereby the minimum purchase order is 1 creation unit or 2,000,000 (2 million) investment units. The minimum investment unit may be changed subject to an approval from the SEC Office.