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05 Feb 2019

MERGER BY ABSORPTION - Lyxor MSCI Select OECD Emerging Markets GDP ETF

Dear shareholder,
According to our records you hold shares in Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF (hereafter the “Absorbed Sub-fund”), which is a sub-fund of Multi Units France (MUF), a French SICAV fund.
To improve economic efficiency and provide investors with an internationally-recognised investment vehicle, at the request of Lyxor International Asset Management (hereinafter “LIAM”), the Absorbed Sub-fund will be merged into Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF, a sub-fund (hereinafter the “Absorbing Sub-fund”) of MULTI UNITS LUXEMBOURG (MUL) a Luxembourg SICAV fund.
Upon completion of this merger by absorption, the Absorbing Sub-fund will receive all of the assets of the Absorbed Sub-fund; consequently, this merger will expose the Absorbed Sub-fund’s shareholders to the Absorbing Sub-fund’s investments.
When this merger is completed, the Absorbed Sub-fund’s shareholders will become shareholders in the MUL fund.