The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:And the First ETFs to Shut Down in 2012 Are ... Not Rated 4.0 Email Routing List Email & Route  Print Print
Thursday, February 16, 2012

And the First ETFs to Shut Down in 2012 Are ...

News summary by MFWire's editors

Exchange-traded funds continue to launch at a breakneck pace, but many are quietly disappearing. Today marks the first ETF shutdown of 2012, as it is the last trading day for eight Global X [profile] ETFs, reports Ron Rowland of Seeking Alpha.

SeekingAlpha expects the total number of ETF closures for 2012 to exceed the 38 closed last year.

As for the Global X liquidations, the eight liquidating ETFs are:

  • Global X Farming (BARN);
  • Global X Fishing Industry (FISN);
  • Global X Food (EATX);
  • Global X Mexico Small-Cap (MEXS);
  • Global X Oil Equities (XOIL);
  • Global X Russell Emerging Markets Growth (EMGX);
  • Global X Russell Emerging Markets Value (EMVX); and
  • Global X Waste Management (WSTE).

The ETFs' board of trustees of the firm decided to pull the plug thanks to the low level of assets the ETFs gathered. 

Edited by: HFD

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use