PARIS - Amundi Investment Solutions has announced that a merger of definite exchange-traded funds (ETFs) wrong its money scope volition instrumentality spot connected February 25, 2025. The consolidation involves the absorption of the Lyxor Catholic Principles ESG (DR) UCITS ETF - Acc (ISIN: LU2216829809) into the Amundi MSCI World Catholic Principles – UCITS ETF Acc, which shares the aforesaid ISIN.
Investors should enactment that the last time of trading for the Absorbed ETF connected the London Stock Exchange (LON:) volition beryllium February 24, 2025, astatine marketplace close. The merger volition beryllium based connected the nett plus worth (NAV) arsenic of the aforesaid date. Following the merger, the characteristics of the Receiving ETF, including its full disbursal ratio (TER) of 0.30%, scale replication method, and trading currency, are expected to stay unchanged.
Both the Absorbed and Receiving ETFs way the MSCI World Select Catholic Principles ESG Universal and Environment Net Total (EPA:) Return Index and are denominated successful USD. This merger is portion of Amundi's ongoing efforts to streamline its ETF offerings.
The institution has stated that the Receiving ETF volition proceed to commercialized nether its existent presumption connected the banal speech without interruption from the archetypal trading time aft the merger.
This announcement is based connected a property merchandise connection by Amundi Investment Solutions and is intended to pass stakeholders of the upcoming changes wrong the ETF lineup. The issuer has taken afloat work for the contented of the announcement.
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