#20: “The Big ETF Shops Shut Down The Most Funds” – Meb Faber Research
We often get questions from individual investors worried about my firm closing our ETFs. To which I respond “well we’ve only closed one ETF ever (with the unfortunate ticker FAIL, why didn’t any of you warn me on that one). The firms that close the most funds are actually the big shops!”
This usually surprises people, but here is Ben Johnson from Morningstar with the numbers….
