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ALPS to liquidate global agriculture, global industrial metals ETFs
By Tali David
Minneapolis, Dec. 13 - ALPS ETF Trust announced the liquidation of its Jefferies Global Agriculture Equity Index Fund and Jefferies Global Industrial Metals Equity Index Fund, according to a release.
The ETFs will close to new investors on Dec. 22 and liquidate on Dec. 28. Dec. 22 is also the last day of trading.
ALPS said the board for the funds decided to shutter the funds after considering current market conditions and prospects for growth in the fund assets.
ALPS is a Denver-based financial services firm. It is a wholly owned subsidiary of DST Systems Inc.
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