ETF Closures Adding Up

ETF Closures Adding Up

2017’s record has already been broken.

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

ETF issuer O’Shares has announced it will be shutting down two of its half-dozen ETFs as of Dec. 20. The O'Shares FTSE Asia Pacific Quality Dividend ETF (OASI) and the O'Shares FTSE Russell International Quality Dividend ETF (ONTL) both have less than $13 million in total assets under management.

OASI launched in August 2015, while ONTL rolled out in March 2017.

This year has been another record year for ETF closures, with at least 143 completed so far. Last year, there were just shy of 140 ETF shutdowns. A handful of additional closures are set for the remaining weeks of 2018.

Contact Heather Bell at [email protected]

etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At etf.com, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.