Janus Henderson Group announced plans to liquidate the Janus Henderson U.S.
Real Estate ETF (NYSE:JRE), marking another addition to a growing list of ETFs that have been shuttered this year as asset managers streamline product lineups amid intensifying competition in the ETF market.
The fund, which launched in June 2021, will stop accepting creation orders after the close of business on Aug. 6.
Trading will be halted before markets open on Aug. 7, with liquidation proceeds expected to be distributed on or about Aug. 13.
The decision follows what the firm described as a routine review of its exchange-traded product offerings to ensure they continue to meet investor needs.
