Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRU2K.L Regulatory News (RU2K)

  • There is currently no data for RU2K

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LYXOR ETF - Liquidation - Lyxor Russell 2000 UCITS ETF

22 Apr 2020 17:24

Lyxor International Asset Management (RU2K ) LYXOR ETF - Liquidation - Lyxor Russell 2000 UCITS ETF 22-Apr-2020 / 17:24 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


 

 

 

Paris, 27/03/2020,

 

 

The terms used herein that begin with an uppercase letter are defined in the Prospectus.

 

Liquidation of LYXOR RUSSELL 2000 UCITS ETF, a sub-fund of the MULTI UNITS France SICAV fund.

 

SUB-FUND

Share class

ISIN code

 

MULTI UNITS FRANCE - LYXOR RUSSELL 2000 UCITS ETF

 

 

Shares

 

FR0011119254

 

Dear Shareholder,

 

According to our records, you hold shares in LYXOR RUSSELL 2000 UCITS ETF (the "Sub-fund") the asset management of which has been delegated to Lyxor International Asset Management (hereafter "LIAM").

 

LIAM has decided to prematurely liquidate this Sub-fund, since it has failed to attract sufficient investor demand.

 

The Sub-fund's objective is to seek exposure to the performance, whether positive or negative, of the Russell 2000(R) Net 30% Total Return index (the Benchmark Index"), denominated in US dollars (USD), while minimising the tracking error between the Sub-fund's performance and that of the Benchmark Index.

 

The expected ex-post tracking error under normal market conditions is 0.05%.

 

LIMA will liquidate the Sub-fund on 29 April 2020 and automatically redeem your shares, free of charge at their net asset value on 29 April 2020, which will be calculated on 30 April 2020. The Sub-fund will be delisted from all exchanges where it is currently listed effective 22 April 2020, at the close of trading. The subscription and redemption of shares on the primary market will be suspended on 23 April 2020, at 6.30 pm, Paris time.

 

If we receive no response from you the proceeds from this liquidation will be credited to your cash account. We remind that this redemption will be subject to the taxation rules that normally apply to capital gains or losses on the sale of securities.

 

The Sub-fund will bear all of the costs and expenses of this liquidation.

 

If you would like advice on reinvesting all or part of the proceeds from this investment, we invite you to contact your Advisor, who will determine the most appropriate solution given your investor profile and objectives.

 

 

For your information, the fund's net asset value per share was 147.7235 USD on 20 March 2020. However, the net asset value that you will receive when the Sub-fund is liquidated will be calculated on the basis of the valuation of its assets on 29 April 2020.

 

In accordance with regulations, this premature liquidation was reviewed by the Autorité des Marchés Financiers (AMF) and was approved on 20 March 2020.

 

We thank you for your trust.

 

Yours faithfully,

 

 

 

 

Lionel Paquin

Chairman of Lyxor International Asset Management


ISIN:LU1237527673, LU1237527673
Category Code:MSCH
TIDM:RU2K
Sequence No.:59870
EQS News ID:1027771
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
23rd Apr 202011:19 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
23rd Apr 202011:19 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
22nd Apr 20205:24 pmEQSLYXOR ETF - Liquidation - Lyxor Russell 2000 UCITS ETF
22nd Apr 202010:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
22nd Apr 202010:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
21st Apr 202010:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
21st Apr 202010:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
20th Apr 20203:19 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
20th Apr 20203:19 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
17th Apr 20208:29 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
17th Apr 20208:29 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
16th Apr 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
16th Apr 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
15th Apr 20202:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
15th Apr 20202:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
14th Apr 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
14th Apr 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
9th Apr 20204:49 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
9th Apr 20204:42 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
8th Apr 20209:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
8th Apr 20209:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
7th Apr 20205:09 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
7th Apr 20205:09 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
6th Apr 20204:18 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
6th Apr 20204:18 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
3rd Apr 20205:10 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
3rd Apr 20205:10 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
2nd Apr 202011:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
2nd Apr 202011:44 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
1st Apr 20203:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
1st Apr 20203:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
31st Mar 202012:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
31st Mar 202012:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
30th Mar 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
30th Mar 20205:08 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
27th Mar 202012:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
27th Mar 202012:44 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
26th Mar 202012:14 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
26th Mar 202012:13 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
25th Mar 20201:48 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
25th Mar 20201:48 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
24th Mar 202011:19 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
24th Mar 202011:19 amEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
23rd Mar 20205:09 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
23rd Mar 20205:09 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
20th Mar 20201:49 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
20th Mar 20201:49 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
19th Mar 20204:20 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
19th Mar 20204:18 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)
18th Mar 202012:09 pmEQSLyxor Russell 2000 UCITS ETF - Acc: Net Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.