A.I.M. For Exchange Traded Funds

[EZ2]

I did find this in the "education" tab:

What is a rights offering?

Although Closed-End ETFs have a fixed number of shares and assets outstanding, there are mechanisms that fund managers can use to raise additional capital. Fund management can raise additional capital by issuing shareholders rights to buy new common shares at predetermined prices. These offerings often involve substantial discounts to net asset value to encourage participation, which also dilutes common shareholder ownership in the fund.


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