Dhandho Junoon ETF shareholders approve reorganisation plan

Shareholders of Dhandho Junoon ETF, a series of Elevation ETF Trust, have approved a reorganisation of the fund into a newly-created, identically named exchange-traded fund (ETF) of the Cambria ETF Trust.

The shareholders of the fund voted in favour of the proposal to reorganise the fund with more than a 50 per cent majority.
 
The reorganisation is expected to close on or around 23 January 2017.