How many shares will I receive or be allocated?

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• Why do you take orders in dollars instead of shares?

  We take orders in dollars because the final price of the offering is not determined until the offering is effective. Your allocation will be in shares. Regardless of the final price, you will not be allocated more shares than the total dollar amount ...

• Can I sell my CEF shares at any time?

  Yes, since CEF shares are traded on the stock exchange, you can buy or sell shares at any time during trading hours at the current market price.

• Can I sell my UIT units before the term ends?

  Yes, UIT units can typically be sold before the trust's termination date. However, the price you receive will be based on the current market value, which can be more or less than the original purchase price.

• How are allocations determined?

  Click reflects your order in an offering to the underwriter. The underwriter could allocate 100% of what we are asking for or they might not allocate any shares to Click. When an offering is oversubscribed, allocations tend to be much smaller. You ...

• Why has it been so hard for individual investors, sometimes referred to as retail investors, to purchase IPOs?

  Investment banks that underwrite IPO’s have been eliminating their retail brokers along with their smaller customers for many years.