Reported 7 months ago
New Cathay Investment Trust has announced that the New Cathay U.S. government 1-3 year bond ETF trust fund (00831B) will cease over-the-counter trading starting on July 18. The decision was made due to the fund's net asset value falling below NT$100 million for the past 30 business days as of May 3, meeting the termination standard for the trust agreement. New Cathay Investment Trust has filed for and received approval to terminate the fund's trust agreement with the competent authority, as stipulated in the rules for securities dealers. Despite the cessation of trading, New Cathay Investment Trust will continue to provide services for investors, who can find further details on the company's website.
Source: YAHOO