The investment seeks investment results that correspond generally to the performance, before fees and expenses, of an index which is designed to track the performance of companies globally that are positioned to profit from providing long-term care to the aging population, including companies owning or operating senior living facilities, nursing services, specialty hospitals, and senior housing, biotech companies for age-related illnesses, and companies that sell products and services to such facilities. The fund invests at least 80% of its net assets in the stocks that comprise the Solactive Long-Term Care Index. It is non-diversified.
IPO Year: n/a
Exchange: NASDAQ
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The Long-Term Care Exchange-Traded Fund (OLD) to Close Janus Henderson Group plc (NYSE:JHG) today announced plans to close and liquidate The Long-Term Care ETF (NASDAQ:OLD) as a result of a standard review of the firm's exchange-traded product line-up. Ticker ETF Name Inception Date OLD The Long-Term Care ETF 6/8/16 Subject to applicable law, the Fund will no longer accept creation orders after the close of business on October 11, 2021. Trading in the Fund will be halted before the market opens on October 12, 2021. Proceeds from the liquidation are currently planned to be distributed on or about October 15, 2021, to shareholders of record as of October 14, 2021. Ab