Market Vectors to Close Five ETFs

RKH is the largest of the five ETFs to be closed with $15.9 million in assets.

Last month, two issuers announced closures for three ETFs. With news of the Market Vectors closures, the number of ETFs closed this year is now over 70, but new launches are approaching 200. [Russell to Shutter Last ETF]

New ETFs introduced this year by Market Vectors include the Market Vectors MSCI Emerging Markets Quality ETF (NYSEArca: QEM), Market Vectors MSCI Emerging Markets Quality Dividend ETF (NYSEArca: QDEM), Market Vectors ChinaAMC SME-ChiNext ETF (NYSEArca: CNXT) and, most recently, the Market Vectors ChinaAMC China Bond ETF (NYSEArca: CBON).

ETF Trends editorial team contributed to this post.