ETFWorld.co.uk
Image default

Transfer of 2 Amundi ETFs into Luxembourg domiciled AIS SICAV

Transfer of 2 Amundi ETF FCPs into 2 sub-funds of Luxembourg domiciled AIS SICAV from December 13th 2016….


Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy


In order to optimize its product range, Amundi ETF decided to transfer 2 French FCPs, AMUNDI ETF MSCI BRAZIL UCITS ETF and AMUNDI ETF FTSE 100 UCITS ETF into the Luxembourg domiciled AMUNDI INDEX SOLUTIONS (AIS) SICAV from December 13th 2016.

A change in the funds’ names from December 13th 2016

AMUNDI ETF MSCI BRAZIL UCITS ETF will become AMUNDI ETF MSCI BRAZIL sub-fund of the AIS SICAV 

AMUNDI ETF FTSE 100 UCITS ETF will become AMUNDI ETF FTSE 100 sub-fund of the AIS SICAV

From December 13th 2016, holders of shares of AMUNDI ETF FTSE 100 UCITS ETF will hold, for the same amount, shares in the AMUNDI ETF FTSE 100 sub-fund to replace their units

From December 13th 2016, holders of shares of AMUNDI ETF MSCI BRAZIL UCITS ETF will hold, for the same amount, shares in the AMUNDI ETF MSCI BRAZIL sub-fund  to replace their units

The AMUNDI ETF FTSE 100 and AMUNDI ETF MSCI BRAZIL sub-funds currently exist as a shell and when activated after the absorption of the AMUNDI ETF FTSE 100 UCITS ETF FCP and AMUNDI ETF MSCI BRAZIL UCITS ETF, they will be managed on the same basis as the latter.

This change does not require any action from current holders. Moreover, no charges are incurred, no fee increase and it has no tax impact.

Source: ETFWorld.co.uk

Articoli Simili

Commerzbank and Societe Generale have signed a Business Purchase Agreement for Commerzbank’s EMC

1admin

Amundi bolsters responsible investment range with equity and fixed income ETFs

1admin

State Street Global Advisors Announces the Launch of the SPDR Bond Compass

Webmaster