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IndexIQ To Thin ETF Lineup

FYI: IndexIQ, a subsidiary of New York Life Investment Management, has announced it will be closing three of its 24 ETFs in March. The three funds include the following:

.IQ Canada Small Cap ETF (CNDA)
.IQ Global Oil Small Cap ETF (IOIL)
.IQ Australia Small Cap ETF (KROO)
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/indexiq-thin-etf-lineup
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