VanEck Shutters ESG ETFs RNEW, SMI Amid Low Demand For Green Investment Funds
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 05 2025
0mins
Source: Benzinga
VanEck ETF Liquidation: VanEck is closing its Green Infrastructure ETF (RNEW) and HIP Sustainable Muni ETF (SMI) due to low performance and demand, with trading ending on June 18 and cash payouts for shareholders around June 25.
Impact on Investors: Shareholders can trade their shares until the deadline or will receive a cash payout based on net asset value; this reflects a trend of asset managers consolidating underperforming funds in the ETF market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
