ETF Hearsay
Thursday, November 26, 2020

TigerShares to delist its only ETF : TTTN

TigerShares UP Fintech China-U.S. Internet Titans ETF (TTTN)


Gives up 2 years after launch, despite a name change last year.

Expense ratio: 0.59%


Index: Nasdaq China US Internet Tiger Index 

US components: 10 largest companies in NASDAQ Internet Index

Chinese components: 10 largest companies by market capitalization whose primary business includes the provision of internet-related services, as determined by Nasdaq, Inc., the provider of the Underlying Index and that are:

 (1) incorporated or domiciled in China; and

 (2) either members of the NASDAQ Global Index or listed in the U.S. 


To be included in the Underlying Index, each component must:

 (1) have a minimum worldwide market capitalization of $500 million;

 (2) have a minimum three-month average daily dollar trading volume of $1 million;

 (3) not have entered into a definitive agreement or other arrangement which would likely result in the security not being eligible for inclusion in the Underlying Index; and

 (4) not be issued by an issuer currently in bankruptcy proceedings. One security per issuer is permitted to be included in the Underlying Index.




Delisting is here.


UP Fintech Asset Management


https://ir.itiger.com/



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About Henry Jim Henry is a senior ETF Product Developer who has launched over 100 ETFs in the USA, Canada, Latin America, and the UK. He has launched global equity and fixed income, non-indexed , currency-hedged, factor ETFs, and tax-sheltered private equity / venture capital funds. HEARSAY stands for Henry’s ETF Alert, Research, and Strategic Analysis sYstem.

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