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VanEck announced the closure and liquidation of two ETFs: the VanEck Vectors Emerging Markets Aggregate Bond ETF (EMAG) and the VanEck Vectors Unconventional Oil & Gas ETF (FRAK), effective October 15, 2021. This decision follows an analysis of the funds' performance and investor interest. Shareholders can sell their shares until October 15, with liquidating distributions expected around October 22, 2021. The funds will be delisted and will cease accepting creation orders on October 15. Shareholders should consult their brokers regarding potential transaction fees.
