2 More ETFs To Close

USCF Advisers announces closure of two remaining equity funds.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

USCF Advisers has announced the closure of two of its funds. The Stock Split Index Fund (TOFR) and the USCF Restaurant Leaders Fund (MENU) are both slated to see their last day of trading on Oct. 12.

TOFR launched in September 2014, while MENU rolled out in November 2016. Both funds have less than $5 million in assets under management.

Although USCF Advisers is affiliated with well-known commodity fund issuer United States Commodity Funds, there are no more ETFs currently trading under its brand.

With this latest announcement, the total number of ETF closures slated for completion in 2017 now stands at 120.

That’s versus the 109 funds that closed during the same time period in 2016, which was a record-breaking year for fund closures.

Contact Heather Bell at [email protected]

 

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