Closure ETF Channel

After a very slow start, this week was a rush of activity, including 21 launches.

Meanwhile, closures are off to a strong start, with 26 from Invesco alone.

Plus, FT Cboe Vest and newcomer Panagram launched funds last week.

The shuttering products’ combined assets total more than $1.4 billion.

Meanwhile, there were only six launches during the week.

The new funds include an ETF tracking high quality collateralized loan obligations from BlackRock.

While actively managed ETFs are all the rage, passive funds still dominate total assets.

Plus, closures are already being announced for next year.