A significant announcement came from ASYMmetric ETFs, revealing the decision of the Board of Trustees of ASYMmetric ETFs Trust to close and liquidate several of their funds. The affected funds include the ASYMmetric Smart S&P 500 ETF, ASYMmetric Smart Income ETF, and ASYMmetric Smart Alpha S&P 500 ETF.
ASYMmetric ETFs Announces Fund Closures
ETF Newz Says:
The closures will take effect immediately after the close of business on October 18, 2023. It’s been a tough couple years for ETFs and with some predicting interest rates of 7%, why tread in the pool for a nominal 2-3%?