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Less popular ETFs getting the chop despite posting gains

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Published Wed, Aug 24, 2016 · 09:50 PM

    New York

    MAKING money isn't enough to survive in the fund industry anymore.

    BlackRock Inc, the world's largest asset manager, plans to shutter 10 exchange-traded funds this month, despite all of them posting gains this year. One soon-to-close fund, the

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