First Asset terminates Cambridge Core Canadian Equity ETF

Toronto-based First Asset Investment Management Inc., a CI Financial company, announced on Monday it is terminating First Asset Cambridge Core Canadian Equity ETF effective immediately.

The fund had already been delisted from the Toronto Stock Exchange on Aug. 18. The final net asset value of $20.4581 per unit will be distributed on a pro rata basis among the fund’s unitholders, the firm says in a statement.