FocusShares To Shut Down Losing ETFs
October 08, 2008 at 15:00 PM EDT
Another set of exchange traded funds (ETFs) is going to join the casualty list soon. FocusShares Trust is going to close up four of their funds as of Oct. 20, 2008. Their last day of trading will be on Oct. 17. This brings the total number of closings in 2008 to 40. Blame a lack of traction in [...]