Published on 20 Jul 2024 on etf.com · via Yahoo Finance
Global X, VanEck Close Handful of ETFs in Europe
Europe Investing
VanEck and Global X are both is set to close a handful of Europe-issued funds that have failed to catch on with investors.
VanEck, which in the U.S. manages $82.5 billion in 68 ETFs, is shutting its actively managed smart home ETF following the termination of its investment advisory agreement. The VanEck Smart Home Active UCITS ETF (CAVE) will delist from the London Stock Exchange, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, SIX Swiss Exchange and Euronext Dublin on 20 August.