Exchange Traded Fund definition

Exchange Traded Fund means a mutual fund scheme that invests in securities in the same proportion as an index of securities and the units of exchange traded fund are mandatorily listed and traded on exchange platform.

Exchange Traded Fund or “ETF” means an open-ended pooled investment vehicle, unit trust, investment company or other collective or commingled investment vehicle that has the following characteristics: (i) it issues, sells and redeems blocks of shares, units or other interests, which blocks are sometimes referred to as “creation units”; (ii) the shares, units or similar interests thereof are listed or traded on an Organized Securities Market; and (iii) the investment objective thereof is, and at all times remains, to own a basket of securities and/or other financial instruments, such as futures, options, forward contracts and other derivative contracts in an attempt to track the performance of the securities represented by an Index. As used herein, the term “ETF” excludes, without limitation, ETNs, indexed warrants, indexed debt instruments, options, futures contracts or other derivative contracts based on the value of ETF shares or on an underlying Index, or other securities or index-linked contracts that are traded on Organized Securities Markets but that are not pooled investment vehicles.

Exchange Traded Fund means a fund of which at least one unit or share class is traded throughout the day on at least one trading venue and with at least one market maker which takes action to ensure that the price of its units or shares on the trading venue does not vary significantly from its net asset value and, where applicable, from its indicative net asset value;

Examples of Exchange Traded Fund in a sentence

• Under normal market conditions, the portfolio is invested in mutual fund and Exchange-Traded Fund allocations of domestic and international equities and bonds, alternative investments and money market funds.

• Under normal market conditions, the portfolio is invested in diversified mutual fund and Exchange-Traded Fund allocations of domestic and international bonds, alternative investments, equities and money market funds.

• Addition of iShares Xxxxxxx 1000 Value ETF as an iShares Exchange-Traded Fund On or about September 19, 2023, iShares Xxxxxxx 1000 Value ETF will be added as an iShares Exchange-Traded Fund in which the Target Date Investment Options and the Target-Risk Investment Options will be eligible to invest.

• I/ We understand that trading of exchange-traded derivative products such as Callable Bull/Bear Contracts (CBBC), Derivative Warrants, Synthetic Exchange-Traded Fund (Synthetic ETF) involve significant risks and it is crucial for me/ us as investors to fully understand the risks and consequences involved in trading these exchange-traded derivative products before I/ we trade them.

More Definitions of Exchange Traded Fund

Exchange Traded Fund or "ETF" means a registered investment company that operates pursuant to an order from the Securities and Exchange Commission exempting the ETF from certain provisions of the Investment Company Act of 1940 so that the ETF may issue Securities that trade in a secondary market, and which are redeemable only in large aggregations called creation units.

Exchange Traded Fund. ETF”)” means a portfolio of securities that trades throughout the day on an exchange. A closed-end fund is not an ETF.

Exchange Traded Fund means a mutual fund,

Exchange Traded Fund. OR “ETF” means an open-end fund or unit investment trust listed on a stock exchange.

Exchange Traded Fund means a collective investment scheme concerned with the acquisition, holding, management or disposal of a portfolio of predetermined constituent assets in predetermined proportions, which constituent assets principally comprise securities listed for quotation on any securities exchange or overseas securities exchange;

Exchange Traded Fund or “ETF” means any of various types of open- and closed-end investment companies and other pooled vehicles, in which interests are publicly traded on a recognized market or exchange anywhere in the world, and that are designed to track the performance of a securities or financial index, market, industry or sector. Examples of these companies and vehicles include country funds, SPDRs, QQQQs, HOLDRS, iShares and DIAMONDS. ETFs that appear on a list of approved ETFs maintained by the Chief Compliance Officer, which list may be revised from time to time, are referred to in this Code as “Approved ETFs.”

Exchange Traded Fund or “ETF” has the meaning set forth in the preamble hereto.