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14 Feb 2019

MERGER BY ABSORPTION - Lyxor MSCI Taiwan UCITS ETF

Dear unit-holder,
According to our records, you hold units in the FCP fund Lyxor MSCI Taiwan UCITS ETF (hereafter the “Absorbed Fund”), which, as we informed you in our letter of 15 January, is to be merged on 21 February 2019 into Lyxor MSCI Taiwan 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 15 February 2019.
Exchange ratio
As we announced in our letter of 15 January, 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 www.lyxoretf.com or from client-services-etf@lyxor.com.
We thank you for your trust and loyalty.