FYI: ETFs may be gathering assets at a record pace, but not all funds are thriving. A record 42 exchange-traded funds are scheduled to close in September as issuers throw in the towel on products that failed to gain traction with investors.
It goes without saying, as competition is fierce in the ETF world. Unless a fund is large, liquid and cheap, it's an uphill battle to attract new money.
A midyear report from FactSet showed that a mere 20 ETFs with a median expense ratio of 0.07% took in half of the $250 billion in new assets through the first six months of 2017.
Regards,
Ted
http://www.etf.com/sections/features-and-news/10-fastest-growing-etfs?nopaging=1
