Transamerica Asset Management plans to close and liquidate all five of its exchange-traded funds next month, the company said Thursday. The ETFs will stop trading when the market closes on April 7 and be liquidated on April 12, according to an announcement. The funds have a total of $824.83 million in net assets as of Dec. 31. Transamerica, which launched its suite of DeltaShares ETFs in 2017, did not provide an explanation for why the funds will close.
