A common refrain in investing circles is to comment that there are too many mutual funds and/or ETFs in existence.
“Why do investors and allocators need tens of thousands of funds to choose from?” they might say.
And they’d be right.
But what gets lost in that conversation is that the fund landscape would be even more humongous were it not for one key factor: the hundreds of funds that die every single year.
More here – bpsandpieces
PS: I would posit that not enough funds and certainly nowhere near enough ETFs die per year. The solitary criteria for listing an ETF seems to be that you have a dog and your dog likes stocks that begin with the letter T so you will start and ETF only for stocks with the letter T.