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Islamic Finance Briefing - Categorized | Funds, Market Moves more

JETS Islamic ETF to cease trading in October

Posted on 22 September 2010

From Jutiagroup.com: JETS Dow Jones Islamic Market International Index Fund (JVS), having failed to attract investor assets, will cease trading on October 19, 2010. The fund had just $2.2 million at the end of last month, which is about the same as when it launched on July 1, 2009.
Unless other sponsors announce some earlier delisting dates, JVS will become the 32nd ETF closure of 2010. It has been a regular member of ETF Deathwatch, appearing at #17 in the current issue……………………………………….Full Article: Source

 
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