UBS ETF, SICAV – Notice to Shareholders – Termination of Share Classes
Luxembourg04 Nov 2019, 08:00 CETETF GermanyETF LiechtensteinETF Austria
The Board considers the liquidation of the Share Classes to be in the best interest of its shareholders. The Share Classes have demonstrated a sustained small level of demand. According to Article 23 of the Company's Articles of Incorporation, in the event that the value of the total net assets in any share class of the Company has decreased to or has not reached an amount determined by the Board to be the minimum level for such share class to be operated in an economically efficient manner, the Board may decide to compulsorily redeem the shares in such share class.
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