CETFA In The News
The Impact of the major US markets closure on Monday, October 29th
Major U.S. markets are closed on Monday October 29, 2012 due to the potential threat of danger from Hurricane Sandy. Investors should expect wider than normal bid/ask spreads while the U.S. markets are closed and we recommend all investors exercise caution if trading.
Most Canadian listed ETFs which have exposure to U.S. securities can betraded today. Investors need to understand that the price they pay for these ETFs may not reflect the underlying net-asset-value of the ETF which cannot be accurately determined with U.S. markets closed.
In some circumstances, redemption and subscriptions of Canadian listed ETFs which have exposure to U.S. securities or indices may be halted. Please check with an ETF provider or your securities broker to determine which ETFs are affected.