The O’Shares FTSE Russell International Quality Dividend ETF (NYSEArca: ONTL) and the O’Shares FTSE Asia Pacific Quality Dividend ETF (NYSEArca: OASI) are heading towards closure.
ONTL “is designed to be a core investment holding, providing cost efficient access to a portfolio of large cap high quality, low volatility, dividend paying international companies (ex US) selected based on fundamental metrics,” according to O’Shares Investments.
ONTL, which has $12.19 million in assets under management debuted in March 2017.
“The ETFs will cease trading on the NYSE Arca, Inc. (“NYSE Arca”), and the ETFs will no longer accept creation orders, after the close of business on December 20, 2018. Trading in the ETFs will be suspended prior to market open on December 21, 2018,” according to a statement from O’Shares.
OASI targets the FTSE Developed Asia Pacific Qual/Vol/Yield 5% Capped Factor Index.