Once an ETF does close, there is a procedure that is followed. Investors aren’t left just holding the bag after waking up one morning to see that one of their funds has shuttered.
The latest ETF closings were announced this week, with seven XShares funds closing. Once these funds are liquidated, XShares will have 24 offerings.
The last day of trading for the following funds, which covered various sectors of the real estate market, will be July 24. The liquidation process will be finished on July 31:
- Adelante Shares RE Composite (ACB)
- Adelante Shares RE Classics (ACK)
- Adelante Shares RE Growth (AGV)
- Adelante Shares RE Kings (AKB)
- Adelante Shares RE Shelter (AQS)
- Adelante Shares RE Value (AVU)
- Adelante Shares RE Yield Plus (ATY)