FYI: Blackrock Inc., the top issuer of exchange-traded funds in terms of assets under management, will close 16 ETFs this month. Even though ETFs get shuttered all the time these days, I was mildly amused by the names of some of these funds, such as the iShares Edge MSCI Min Vol EM Currency Hedged ETF. The closing of that the one will surely upset those who are a sucker for a good Venn diagram of emerging markets, factor investing and currency hedging.
Regards,
Ted
https://www.bloomberg.com/view/articles/2018-07-02/etfs-are-the-wild-west-of-wall-street
