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For the month of June, the ETF Deathwatch increased in size. Twenty-nine exchange-traded products ("ETPs") were added to the list, and 17 funds were removed, making June a busier month in terms of additions. Of the removals, six were removed due to increased health and 11 were due to asset managers closing their funds.
June was a strong month for domestic equity markets, so the high number of funds added to the Deathwatch in June was unanticipated. Many additions were index-tracking ETFs. These additions may be due to a delayed response to