Net Asset Value(s)

The content is a fund valuation table dated September 18, 2026, listing NAV per unit, units outstanding, currency, ISINs, and fund names. No performance changes, corporate developments, market events, or investment-relevant catalyst is provided.

Analysis

This is a NAV publication rather than a fundamental catalyst, and the structured data provides no underlying holdings, flows, premiums/discounts, or benchmark performance. There is no basis to infer a directional move in listed equities, rates, or factor exposures from unit counts and NAVs alone.

The only actionable implication is operational: unusually large creation/redemption activity can sometimes precede close-auction hedging or liquidity dislocations in the relevant underlying baskets, but that requires comparison with prior-day shares outstanding and fund AUM. Without those changes, treating the reported unit counts as investor flow is a category error.

Near term, avoid interpreting this release as a signal. Over a 1-3 month horizon, monitor daily shares outstanding, bid/ask spreads, NAV premium/discount, and underlying concentration for the referenced UCITS vehicles; persistent creations paired with widening premiums would indicate demand exceeding primary-market arbitrage capacity, while redemptions with widening discounts would flag forced selling risk. The thesis is falsified if shares outstanding remain stable and premiums/discounts stay within normal ETF arbitrage bands.

Key Decisions for Investors

• No directional trade recommended from this disclosure; impact is operationally low and no identifiable underlying exposure is supplied.
• Create an alert for >5% day-over-day changes in shares outstanding for IE0008ZGI5C1, IE00073MUWT4, IE000QF8TEK7, IE000DHZXD61, and IE000ZDPZL69; investigate only if accompanied by a NAV premium/discount above 50 bps or materially wider secondary-market spreads.
• Before any ETF-relative-value position, obtain each vehicle's benchmark, holdings, AUM, prior-day units outstanding, and authorized-participant activity; absent this data, premium/discount or flow-based trades have undefined risk/reward.