- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- Jun 8, 2016
- Business
- The Long-Term Care ETF (NASDAQ: OLD), formerly managed by Janus Henderson Investors, seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Long-Term Care Index. The fund invests at least 80% of its net assets in stocks comprising the index, which tracks the performance of companies globally positioned to profit from providing long-term care to aging populations; these include owners and operators of senior living facilities, nursing services, specialty hospitals, senior housing, biotech firms developing treatments for age-related illnesses, and suppliers of products and services to such facilities. Key holdings feature real estate investment trusts and healthcare providers such as Welltower Inc., Ventas Inc., Healthpeak Properties Inc., Chemed Corp., Omega Healthcare Investors Inc., and Ensign Group Inc., with a focus on the healthcare equipment, services, providers, facilities, hospitals, assisted living, nursing homes, retirement communities, and related biotech sectors.
Launched on June 8, 2016, and headquartered in Denver, Colorado, under initial sponsorship by Janus Henderson, OLD operates as a non-diversified exchange-traded fund targeting institutional and retail investors seeking exposure to the expanding long-term care industry amid global demographic shifts toward older populations. The ETF provides intraday liquidity and diversified access to this thematic segment, which spans North America, Europe, Asia-Pacific, and other regions through its global constituent base.
In July 2021, Janus Henderson announced the closure and liquidation of OLD following a routine review of its exchange-traded product lineup, with trading halted on October 12, 2021, and proceeds distributed to shareholders around October 15, 2021; despite this, shares continue to trade actively on NASDAQ as of December 2025, with recent quotes, market data, holdings updates, and a market capitalization of approximately $26.85 million. No recent partnerships, acquisitions, funding rounds, new product launches, or strategic expansions specific to OLD have been reported in the last 1-2 years, though the broader ETF industry has seen heightened merger and acquisition activity among sponsors. The fund maintains its index-tracking strategy without noted reorganizations or operational shifts post-liquidation announcement.