Bringing you live news and features since 2006 

globe

iShares to liquidate ten ETFs

RELATED TOPICS​

iShares’ exchange-traded funds business plans to close and liquidate ten funds that make up the iShares All Country World Index (ACWI) ex-US sector suite.

The following funds will be closed and liquidated based on ongoing reviews, client feedback and limited interest in ex-US sector strategies:
 
AXDI – iShares MSCI ACWI ex US Consumer Discretionary ETF
AXSL – iShares MSCI ACWI ex US Consumer Staples ETF
AXEN – iShares MSCI ACWI ex US Energy ETF
AXFN – iShares MSCI ACWI ex US Financials ETF
AXHE – iShares MSCI ACWI ex US Healthcare ETF
AXID – iShares MSCI ACWI ex US Industrials ETF
AXIT – iShares MSCI ACWI ex US Information Technology ETF
AXMT – iShares MSCI ACWI ex US Materials ETF
AXTE – iShares MSCI ACWI ex US Telecommunication Services ETF
AXUT – iShares MSCI ACWI ex US Utilities ETF
 
After the close of business on 25 March 2014 the funds will no longer accept creation orders. Trading in the funds will be halted prior to market open on 26 March. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about 1 April. 

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by