Typically, ETF providers notify investors a couple weeks ahead of a closure, and the ETF would still operate as usual up to the close. As a fund closes, investors should use limit orders to exit the fund. However, if you hold onto the fund until it is liquidated, the investor will receive a full cash value equivalent to their exposure to the underlying holdings at the end price. [The Number of ETF Closures is Rising]

Guggenheim stated that liquidating distributions are expected to be paid to investors who have held onto the fund at around June 21, 2013.

Investors can still track China bonds through other ETFs, including the PowerShares Chinese Yuan Dim Sum Bond Portfolio (NYSEArca: DSUM), which has a 2.97% 30-day SEC yield, and Market Vectors Renminbi Bond ETF (NYSEArca: CHLC), which has a 2.11% 30-day SEC yield.

For more information on the ETF industry, visit our current affairs category.

Max Chen contributed to this article.