2 Hedged O’Shares ETFs To Close
Relative newcomer to ETFs announces its first closures.
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O’Shares will be closing two of its seven funds by the end of November.
The O'Shares FTSE Europe Quality Dividend Hedged ETF (OEUH) and the O'Shares FTSE Asia Pacific Quality Dividend Hedged ETF (OAPH) will both see their last day of trading on Nov. 30.
The two funds launched in August 2015 and are the only currency-hedged products in the O’Shares family. OEUH has roughly $17.5 million assets under management, while OAPH has $3 million.
So far, 122 ETFs have closed this year. Last year saw 128 shutter, a record level, and with another seven funds set to close by the end of December, the ETF industry is headed for another record.
Contact Heather Bell at [email protected]
