the Holder may revoke and withdraw in whole or in part its election to cause the Company to make such mandatory purchase at any time prior to its receipt of such cash, without prejudice to its ability to elect t
The redemption mechanism process is the driving force behind many of the advantages associated with ETFs, helping to keep them cheap, transparent, and tax-efficient among other things. APs do all of the buying and selling of securities on the ETF's behalf, stomaching the trading costs and oth...