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ETF graveyard grows as leveraged funds fall victim to calm

Carolina Wilson
Carolina Wilson10/2/2017 08:00 AM GMT+08  • 4 min read
ETF graveyard grows as leveraged funds fall victim to calm
(Oct 2): Add another item to the list of things low volatility is doing to the market: record amounts of exchange-traded fund closures.
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(Oct 2): Add another item to the list of things low volatility is doing to the market: record amounts of exchange-traded fund closures.

Forty-two ETFs were set to close by end-September, the most ever in a single month, according to data compiled by Bloomberg. Of those, 21 are leveraged or inverse funds, which tend to attract investors when prices are volatile but can fall out of favour when stocks are as calm as they have been all year.

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