Welcome to our dedicated page for First Trust Chindia ETF news (Ticker: FNI), a resource for investors and traders seeking the latest updates and insights on First Trust Chindia ETF stock.
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First Trust Advisors L.P. has announced the liquidation of the First Trust Chindia ETF (NYSE Arca: FNI). Following the recommendation from FTA, the Board of Trustees approved liquidation as being in the best interests of the Fund. Shareholders can sell their holdings until January 13, 2023, which is also the last day for creation and redemption orders. Liquidation is expected around January 20, 2023, with shareholders receiving cash redemption based on the net asset value after all expenses. FTA manages approximately $199 billion in assets.
