![](https://investorshub.advfn.com/uicon/103674.png?cb=1464373270)
Friday, June 04, 2021 5:42:22 PM
* From the Pre-Launch annual report 10/31/2020 posted date 2/24/2021
"Most retail investors will not qualify as Authorized Participants or have the resources to buy and sell whole Creation Units. Therefore, they will be unable to purchase or redeem the Shares directly from the Fund. Rather, most retail investors will purchase Shares in the secondary market with the assistance of a broker and will be subject to customary brokerage commissions or fees."
https://doc.morningstar.com/Document/de3a7735581be30da9b5fa7ef94aa292.msdoc/original?clientid=globaldocuments&key=52dbc583e1012395
Source: Under Filings, Look under ShareHolder Reports, that header was not there yesterday when I was messing with the IBOX. Last Updated by Morningstar: 06/04/2021...that is today!
http://finra-markets.morningstar.com/MarketData/EquityOptions/detail.jsp?query=19%3AF000013RYA&sdkVersion=2.59.1
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