Daily ETF Watch: 18 iShares Funds Closing
Last day of trading for nearly 20 ETFs.
Today is the last trading day for 18 iShares funds. The move is one of iShares’ largest fund shutdowns.
Despite having a lineup of hundreds of ETFs, the firm was not known for shutting down funds very often. However, last year, it shut down the first of its 10 global ex-U.S. sector funds derived from the MSCI ACWI ex-U.S. and then 19 assorted funds a little later.
The closure of the funds was announced in June, and total announced closures have currently surpassed 170 funds year-to-date. In 2014, a little more than 190 funds shut down, so with more than four months left to 2015, it looks like we could surpass 2014 in terms of closures by a sizable margin.
The 18 funds that will cease trading after today are as follows:
- iShares FTSE China (FCHI)
- iShares MSCI AC Asia ex Japan Sm Cap (AXJS)
- iShares MSCI Australia Small Cap (EWAS)
- iShares MSCI Canada Small Cap (EWCS)
- iShares MSCI Hong Kong Small Cap (EWHS)
- iShares MSCI Singapore Small Cap (EWSS)
- iShares MSCI Emerging Markets EMEA (EEME)
- iShares MSCI Emerging Markets Growth (EGRW)
- iShares MSCI Emerging Markets Value (EVAL)
- iShares MSCI EM Eastern Europe (ESR)
- iShares MSCI AC Asia Info Technology (AAIT)
- iShares MSCI EM Cons. Discretionary (EMDI)
- iShares MSCI EM Energy Capped (EMEY)
- iShares Asia Developed Real Estate (IFAS)
- iShares North America Real Estate (IFNA)
- iShares Financials Bond (MONY)
- iShares Industrials Bond (ENGN)
- iShares Utilities Bond (AMPS)
The funds were slated to be liquidated by Aug. 28.
Contact Heather Bell at [email protected].