FYI: The past decade has seen an explosion in new exchange-traded funds. Investors have flocked to ETFs because they trade like individual stocks, but offer the diversification benefits of mutual funds — all at a low cost.
But not all funds attract investors, and ETFs are dying off at a near-record rate this year. Fund closures can create a costly hassle for investors. Here’s what to do if you face an ETF closure — and how to avoid one in the future.
Regards,
Ted
https://www.seattletimes.com/business/what-to-do-when-a-fund-in-your-portfolio-closes/
