Nationwide to liquidate three ETFs in February
- Investing.com
As of February 23, 2024, ETF Series Solutions - Nationwide Dow Jones Risk-Managed Income ETF has gone out of business.? ETF Series Solutions - Nationwide Dow Jones Risk-Managed Income ETF is an exchange traded fund launched by ETF Series Solutions. It is co-managed by Nationwide Fund Advisors and NEOS Investment Management, LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in dividend paying stocks of companies. For actively managed portion, the fund seeks to benchmark the performance of its portfolio against the CBOE S&P 500 Zero-Cost Put Spread Collar Index. For passively managed portion, the fund seeks to track the performance of the Dow Jones Industrial Average Index, by using full replication technique. It employs proprietary research to create its portfolio. ETF Series Solutions - Nationwide Dow Jones Risk-Managed Income ETF was formed on December 16, 2021 and is domiciled in the United States.