What Do You Do If Your ETF Closes?
CNBC’s Gary Kaminsky explains why the size of an investor’s ETF is an important factor in determining whether it will be around for the long term. When an ETF is shut down, you may have to liquidate at a realized capital loss, he says.
According to the FT, one in four ETFs are losing money, and are running the risks of shutting down. If this is the case, what do you do if your ETF closes.
See the full CNBC interview below: