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12 Mar 2018

Notice - Amalgamation of classes - LYXOR DAILY SHORTDAX X2 UCITS ETF

Dear unit-holder,


According to our records you hold units in the FCP fund Lyxor Daily Shortdax x2 UCITS ETF (hereinafter the “Absorbed Fund”).


In order to provide investors with an investment vehicle that offers a corporate governance structure and simpler accounting procedures, it was decided, at the request of Lyxor International Asset Management (hereinafter “LIAM”), to merge this fund into Lyxor Daily Shortdax x2 UCITS ETF (hereinafter the “Absorbing Sub-fund”), a sub-fund of the French SICAV fund MULTI UNITS FRANCE (MUF).


As a result of this merger through absorption the Absorbing Sub-fund will receive all of the Absorbed Fund’s assets.