BlackRock announced it will liquidate the iShares Diversified Alternatives Trust (NYSEARCA:ALT-OLD) next month. "Based on the review and client feedback, it appears this product has a limited role in today’s investment portfolios, and we have seen little long-term demand," said Patrick Dunne, head of Global Markets and Investments for BlackRock. This will be the first closure for an iShares ETF since 2002.
BlackRock announced it will liquidate the iShares Diversified Alternatives Trust...
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Symbol | Last Price | % Chg |
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ALT-OLD | - | - |
iShares Diversified Alternative Trust ETF |