The document discusses convertible securities and ETFs. Convertible securities are influenced by the market price of the underlying common stock and may sell at a premium. Contingent convertible securities (Co-Cos) are only convertible under certain conditions. ETFs may trade at a premium or discount to their net asset value, and trading can be halted due to market conditions or exchange rules. The document highlights the risks associated with the lack of an active trading market for ETFs and the potential impact on an Underlying Fund's investment objectives.
doj/DataSet10/EFTA01384663.pdf
{"document_type":"other","key_organizations":["Alpha Group Capital"],"reference_numbers":["DOC ID-10746057.132","DB-SDNY-0085062","SDNY_GM_00231246","EFTA01384663"]}