BlackRock

Clients may be compelled to sell their shares as nearly 90% of the products have experienced losses this year.

As equities in the sector extend a $3.8 trillion rout, the strategy has resulted in annualized returns of as much as 190%.

The firm’s new iShares fund comes amid massive outflows from the sector in recent periods.

These emotional topics tend to be bad for investment returns, Barry Ritholtz says.

The firm plans to expand access to its line of low-cost funds to roughly 1,800, including those from BlackRock, Schwab and SSgA.

If approved, the funds will exclude investments in alcohol, tobacco, weapons, fossil fuels and nuclear power.

The only other fund of its kind has $269 million in assets, a figure that’s ballooned roughly 1,700% this year.

The fund provides access to China-based companies committed to implementing the digital ledger technology. Plus; other launches.

Issuers want the regulator to go further and make it easier for managers to choose the securities they add or subtract when they issue and redeem shares.

The planned closures come just months after the firm introduced a lineup of artificial intelligence-driven products.