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07 Mar 2019


Dear unit-holder,
According to our records, you hold units in the FCP fund Lyxor MSCI Turkey UCITS ETF ETF (hereafter the “Absorbed Fund”), which, as we informed you in our letter of last 5 February, is to be merged on 14 March 2019 into Lyxor MSCI Turkey UCITS ETF (hereafter the “Absorbing Fund”), which is a sub-fund of MULTI UNITS LUXEMBOURG, a Luxembourg SICAV fund.
We remind you that to enable this merger, subscriptions and redemptions of units in the Absorbed Fund will be suspended on 11 March 2019.
Exchange ratio
As we announced in our letter of 5 February, Lyxor International Asset Management, the management company, has determined that the exchange ratio on the merger date will be one unit of the Absorbed Fund for one 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 or from
We thank you for your trust and loyalty.
Yours faithfully