Jefferies are closing two of their assets related to agricultural and industry. It is expected that ETF shutdowns will increase as the competitive structure of the exchange-traded fund industry grows more intense.

Since last two years, Jefferies Asset Management could not leverage positive gains from the following two ETFs, the Jefferies TR/J CRB Global Agriculture Equity ETF (NYSEArca: CRBA), $8.58 million, and the Jefferies TR/J CRB Global Industrial Metals Equity ETF (NYSEArca: CRBI), $3.18 million.

Failure of Jefferies