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07 Mar 2019

EXCHANGE RATIO - Lyxor MSCI Russia UCITS ETF

Dear Unit-holder,
According to our records, you hold units in the FCP fund Lyxor MSCI Russia UCITS ETF (hereinafter the “Absorbed Fund”), which, as we announced in our letter of last 5 February, will on 14 March 2019 be merged into Lyxor MSCI Russia UCITS ETF (hereafter the “Absorbing Fund”), a sub-fund of MULTI UNITS LUXEMBOURG, a Luxembourg SICAV fund.
Please note the following correction in the notice we sent you on 5 February:
- subscriptions and redemptions on the primary market will not be suspended on 8 March 2019 at 4:00 pm (Paris time), but on 1 March 2019 at 4:00 pm (Paris time)
Attached you will find the amended notice with this correction, and the new merger calendar in Appendix 1.
No other information in the notice has been modified.
Exchange ratio
As we announced in our letter of last 5 February, Lyxor International Asset Management, the management company, has determined that the exchange ratio on the merger date will be 1 unit of the Absorbed Fund for 1 share of the Absorbing Fund.
No subscription fee will be charged for this exchange.
If you would like more information, the prospectuses of the above funds are available on the Internet at www.lyxoretf.com or from client-services-etf@lyxor.com.
We thank you for your trust and loyalty.
Yours faithfully