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For the month of February, the ETF Deathwatch decreased in size. 12 exchange-traded products ("ETPs") were added to the list, and 30 funds were removed, making February a busier month in terms of removals. Of the removals, 13 were removed due to increased health and 17 were due to asset managers closing their funds. The high number of funds that were closed in February may have been due to an after-effect of the significant market correction and volatility that occurred in December 2018.
For February, the additions were mostly equity-based from a