The iShares Diversified Alternatives Trust
will soon be put out of its misery.
According to the Wall Street Journal
, this is the first time that iShares
has taken a fund out to the woodshed in over a decade.
The financial publication asks an important question regarding this development: when an ETF goes kerplunk, what happens to its investors?
There a number of potential hassles. Many of these products cover niches that aren't easy to track, so replacements can be difficult to find. Liquidation can also lead to capital gain issues, as well as survivorship bias-- which makes it hard for investors to gauge performance.
To get a better sense of what this could mean to investors, and the mutual funds that love them, go to the Wall Street Journal
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