Lyxor ETF Lyxor

Lyxor ETF Liquidation for 5 Sub Fund

Lyxor ETF : The board of directors of the Company considers that the value of the net assets in the sub-funds have decreased to an amount determined by the Board to be below the minimum level for the Sub-Fund to be operated in an economically efficient manner….

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Considering that the level of assets is not sufficient to carry out an efficient replication of the index, the Board has decided to liquidate the Sub-Funds as specified in the below:

ISIN Code Delisting on the Secondary Market (close of the below days) Primary Market Suspension (close of the below days) Liquidation Day (Last NAV close of the below days) Final Net Asset Value Calculation date
LU1407889887 22/04/2020 23/04/2020 29/04/2020 30/04/2020
LU1287024076 22/04/2020 23/04/2020 29/04/2020 30/04/2020
LU1389266302 22/04/2020 22/04/2020 27/04/2020 28/04/2020
LU1237527673 22/04/2020 22/04/2020 27/04/2020 28/04/2020
LU1717044488 22/04/2020 23/04/2020 27/04/2020 28/04/2020

Please note that any fees or costs incurred within the context of the liquidation will be borne by the Sub-Funds.

Further, the Board has decided to suspend the Subscription and the Redemption of Shares within the Sub-Fund  as  from April 23,  2020.

Until  such  date,  the  Shareholders  may  therefore  continue  to  request  the Redemption of their Shares free of charge on the Primary Market in accordance with the provisions of the Prospectus.

For  Shares sold on any exchange where the Sub-Funds are listed, market intermediaries may charge broker fees, and taxes may be levied if applicable.

The delisting of the Shares from all of the stock exchanges on which they are listed will be effective as from April 22, 2020(after the close of the stock exchanges).

Finally, the Board has decided that all the remaining Shareholders will be compulsory redeemed as of April 29,2020 at the final Net Asset Value of April 29,2020 calculated on April 30, 2020.


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