you are currently viewing:Tuttle Capital Self Defense Index ETF to LiquidateApril 22, 2025--The Board of Trustees (the "Board") of the Tuttle Capital Self Defense Index ETF (the "Fund") approved the liquidation and dissolution of the Fund on or about May 30, 2025 (the "Liquidation Date"). Tuttle Capital Management, LLC (the "Adviser") recommended that the Board approve the liquidation due to the Fund's limited prospect for meaningful future asset growth, the ongoing operational costs associated with managing the Fund, and the Adviser's desire to no longer subsidize expenses. According to the fund manager Matthew Tuttle, "As much as I still love the concept of self defense stocks and think they should make up part of an investor's portfolio, I don't see the demand for this product from the marketplace". As a result, the Board of Trustees concluded that liquidating and closing the Fund would be in the best interests of the Fund and its shareholders. Source: Tuttle Capital Management |
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