Latest Etf Closure News

Perennial Better Future Active ETF investors are set to receive a final 13.14 cents per unit distribution and an estimated 386.77 cents redemption payment as the fund winds up. Remaining units will be cancelled once the process is complete.

Perennial Better Future Active ETF will be voluntarily wound up after a $2.601 million loss and a sharp contraction in its unitholder base. The fund’s Responsible Entity says it is unlikely to achieve the scale needed to operate economically, with the process expected to finish in financial year 2027.