Two Commodity Producer ETFs To Liquidate

Heading into 2011, many observers of the ETF industry were warning that this year could see a wave of fund closures, as ETFs that were failing to generate positive cash flow for the institutions behind them could be shuttered. That wave of contraction has yet to really play out, as only a handful of ETFs have closed their doors and returned investor money in 2011. FaithShares, the firm behind a lineup of faith-based products, pulled the plug a few months ago and opted to reorganize as a turnkey ETF company. Javelin shut down its contrarian ETF after failing to gain traction, and a handful of other companies have made similar moves. With 2011 drawing to a close, the ETF death count for the year is slated to climb a bit higher; ALPS announced this week that it will close down two commodity-focused products before the end of the year. The [...] Click here to read the original article on ETFdb.com. Related Posts: Agribusiness ETFs: Comparing All The Options Global X Joins Auto ETF Race Global X Debuts Fertilizer ETF (SOIL) IndexIQ Launches Global Agribusiness Small Cap ETF (CROP) Global X Launches Farming ETF (BARN)