How To Stay Afloat Through Your ETF’s Liquidation
Posted on Monday, June 8th, 2009 | In Exchange Traded Funds, Market Commentary
Contributed by: ETF Daily News (http://www.etfdailynews.com) -
ETFs that close down have to follow a strict and orderly liquidation procedure. The liquidation of an ETF is similar to that of an investment company, except that the fund also notifies the exchange on which it trades that trading will cease.
Shareholders typically receive notification of the liquidation between a week and a month before [...]
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