Calgary-based Auspice Capital Advisors Ltd. has announced it will terminate Canadian Natural Gas Index ETF as of March 23.

Effective immediately, no further direct subscriptions for units of the ETF will be accepted. The last day a redemption request can be placed is March 19.

Units of the ETF will be de-listed from the Toronto Stock Exchange at the close of business on or about March 20, with all units still held by investors being subject to a mandatory redemption as of the termination date.

Any remaining unitholders of the ETF as of the termination date will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF on a pro rata basis.