AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares KIM Korea Equity ETF (NYSE Arca: KOR) will close. The AdvisorShares Board of Trustees approved the closing and subsequent liquidation of KOR. The fund's last day of trading will be October 1, 2018, which will also be the final day for creations or redemptions by authorized participants. The fund will cease operations, withdraw its assets, and distribute the remaining proceeds to shareholders on or after October 8, 2018.
For financial professionals and investors requesting more information, please visit www.advisorshares.com or call the AdvisorShares Investment Consultant Team at 1-877-THE-ETF1 (1-877-843-3831).
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