Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fund Liquidations Double Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 25, 2020

Fund Liquidations Double

News summary by MFWire's editors

Fund liquidations are on the rise this year, while launches are down.

Investor's Business Daily reports that, per Morningstar Direct data, as of November 19, 2,063 mutual funds have shut down year-to-date in 2020. That's more than double the 846 funds that shut down in all of 2019, and of course 2020 isn't over yet.

The spike hit ETFs, too. IBD notes that, per ETF.com data, as of October 31, 226 ETFs have shut down YTD in 2020. That's up from 126 in all of 2019 and 156 in all of 2018.

New product launches have slowed, too, at least in traditional mutual funds; only 32 mutual funds have launched YTD. (It's less clear on the ETF side, though. 255 ETFs launched in 2019, and 269 in 2018. In 2020, 234 have launched so far, but of course the year isn't over yet.) 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use