real-time news and commentary for investors
Tuesday, Sep 10
EGShares Closing 12 ETFs on Oct 4th
- The funds being closed make up just 4% of total assets under management, despite representing half of EGShares product line.
- "We have identified an opportunity to streamline our existing offering" founder Robert Holderith stated in a press release.
- Affected funds include: AGEM, FGEM, GGEM, HGEM, IGEM, LGEM, OGEM, QGEM, TGEM, UGEM, VGEM, EMT.
- Competing funds: EEM, VWO, EMFN, IPS, IRY, AXID, EMMT, EMEY, AXIT, AXTE, DBU, EMDI, ECON, JUNR