Horizons Closes Oil And Silver ETFs

By ExpatBriefing.com Editorial 05 November, 2013

Horizons Exchange Traded Funds will terminate two Exchange Traded Funds (ETFs): Horizons Crude Oil Yield ETF and Horizons Silver Yield ETF, on January 10, 2014.

Investors in the two ETFs must complete redemption requests by January 06, 2014, and any units still held after that date will be subject to a mandatory redemption on the date of termination.

The ETFs are expected to be de-listed from the Toronto Stock Exchange on or around January 07, at the request of the manager.

Tags: Investment | Stock Exchanges | Expats | Invest |

 





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