##  [# ETF Watch: REX Closure Brings Total To 31](/sections/daily-etf-watch/etf-watch-rex-closure-brings-total-31) 

 

# ETF Watch: REX Closure Brings Total To 31

 

 

Issuer closing one of its gold-hedged funds.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Jun 02, 2017

 Edited by: ETF.com Staff

 

 

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Yesterday was the last day of trading for one of the REX ETFs. The [REX Gold Hedged FTSE Emerging Markets ETF (GHE)](https://www.etf.com/ghe) launched a little over a year ago and gathered minimal assets. The fund’s closure brings the year-to-date total number of ETF shutdowns to 31.

GHE offered equity exposure via holdings that tracked the FTSE Emerging Index as well as gold exposure through a futures portfolio held in a Cayman Islands subsidiary. REX also markets a similar fund that combines exposure to the S&amp;P 500 Index with a gold component, the [REX Gold Hedged S&amp;P 500 ETF (GHS)](https://www.etf.com/ghs),which has $4.5 million in assets under management.

REX ETFs was founded by industry stalwart Greg King, who previously co-founded VelocityShares and also held positions at Credit Suisse and Global X.

*Contact Heather Bell at <hbell@etf.com>.*



 

 

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