Some mutual fund firms are implementing a work-around solution to the mispricing issue that has recently disrupted the ETF and mutual fund industries. On its website, Guggenheim Partners is using the previous day's closing indicative net asset value (NAV) for the benefit of ETF shareholders. A computer glitch has kept Guggenheim and a handful of industry peers from accurately and promptly pricing securities using confirmed NAV figures. One company
El Rhazi Otmane ETF. An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
Wednesday, 26 August 2015
ETF Firm Finds Interim Fix For Mispricing Disruptions
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Some mutual fund firms are implementing a work-around solution to the mispricing issue that has recently disrupted the ETF and mutual fund industries. On its website, Guggenheim Partners is using the previous day's closing indicative net asset value (NAV) for the benefit of ETF shareholders. A computer glitch has kept Guggenheim and a handful of industry peers from accurately and promptly pricing securities using confirmed NAV figures. One company
Some mutual fund firms are implementing a work-around solution to the mispricing issue that has recently disrupted the ETF and mutual fund industries. On its website, Guggenheim Partners is using the previous day's closing indicative net asset value (NAV) for the benefit of ETF shareholders. A computer glitch has kept Guggenheim and a handful of industry peers from accurately and promptly pricing securities using confirmed NAV figures. One company
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