TriLine Index Solutions LLC Announces Liquidation of Renewable Energy Exchange-Traded Fund
Loncar China BioPharma ETF (CHNA)
Company Research
Source: PR Newswire
DALLAS, Jan. 13, 2020 /PRNewswire/ -- TriLine Index Solutions LLC ("TriLine") announces the upcoming liquidation and dissolution of the Pickens Morningstar® Renewable Energy™ Response ETF, an exchange-traded fund (Ticker: RENW) (the "Fund").Shareholders of the Fund may sell the Fund on NYSE Arca, Inc. ("NYSE Arca") until market close on January 29, 2020 (transaction fees from their broker-dealer may be incurred). Shareholders who continue to hold shares of the Fund on the Fund's liquidation date, which is expected to be on or about January 30, 2020, will receive a liquidating distribution of cash in the cash portion of their brokerage accounts equal to the amount of the net asset value of their shares. Proceeds from the liquidation are currently scheduled to be sent to shareholders promptly after January 30, 2020. Additionally, the Fund will stop accepting creation orders from authorized participants after the close of business on January 29, 2020. Shareholders who receive a liquidati
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