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30 Aug 2018

Notice exchange ratio- Merger Lyxor Bund Daily (-2x) Inverse UCITS ETF - Acc

Dear unit-holder,
According to our records you hold units in the FCP fund Lyxor Bund Daily (-2X) Inverse UCITS ETF (hereinafter the “Absorbed Fund”), which as we announced in our letter of last 1 August is to be merged into a sub-fund of the French SICAV fund MULTI UNITS FRANCE, Lyxor Bund Daily (-2X) Inverse UCITS ETF (hereinafter the “Absorbing Fund”), on 6 September 2018.
We remind you that to facilitate this merger, subscriptions and redemptions of shares in the Absorbed Fund will be suspended on 3 September 2018.