When I receive the ETF after seven years, will I be able to sell the ETF shares easily?

Q: When I receive the ETF after seven years, will I be able to sell the ETF shares easily?

Note that this article applies to Select funds with Index Sync only.

Yes. Once you redeem from the fund and receive ETF shares, you can trade them on the open market like any other ETF.

Why low trading volume doesn't mean low liquidity. ETFs are exchange-traded vehicles, so their liquidity depends on the liquidity of the underlying holdings — not on how often the ETF itself trades. If the underlying securities are liquid, market makers can efficiently create or redeem ETF shares as needed. That means investors can enter or exit even a thinly traded ETF.

Alpha Architect, whose platform manages over 75 ETFs and approximately $18B in assets, published a comparison of the 50 largest U.S. Large Blend ETFs and their underlying holdings versus AAUS, a syndicated 351 ETF on their platform. The finding: while AAUS trades far less frequently than typical equity ETFs, the liquidity of its underlying holdings (~27M shares/day) is comparable to the largest funds in the category (~24M shares/day average). You can view the full analysis here.

For all ETFs on their platform, ETF Architect partners with leading market makers and appoints a designated lead market maker to help ensure an efficient market.

For large trades. If there are concerns about the market's ability to absorb the sale, we can work with you to facilitate a redemption through one of the financial institutions acting as an Authorized Participant for the ETF.

Alpha Architect Funds are distributed by PINE Distributors LLC. The Funds' investment adviser is Empowered Funds, LLC, which is doing business as ETF Architect. Alpha Architect, LLC serves as the Sub-adviser to the Funds. PINE Distributors LLC, Cache, and ETF Architect or Alpha Architect, LLC are unaffiliated entities. Cache has utilized Alpha Architect ETFs within their Exchange Funds. Cache has entered into solicitation or distribution agreements with Alpha Architect without compensation. However, Cache retains full discretion over investment decisions and is under no obligation to invest in any ETF sponsored by these firms. All investments will be selected based on alignment with the Fund’s stated investment strategy and objectives. ETF Rebalance is only available to specific Qualified Purchaser funds.