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14 Sep 2017

NOTICE FUND MERGER - LYXOR JPX-Nikkei 400 (DR) UCITS ETF

According to our records you hold units in the Multi Units France sub-fund Lyxor JPX-Nikkei 400 (DR) UCITS ETF (hereafter the “Absorbed Sub-fund”). In our letter of 16 August 2017, we informed you that the Absorbed Sub-fund would merge with and be absorbed by Lyxor JPX-Nikkei 400 (DR) UCITS ETF, a sub-fund of the Multi Units Luxembourg SICAV fund (hereafter the “Absorbing Sub-fund”). This merger is to be completed on 21 September 2017.


We remind you that to enable this merger, subscriptions and redemptions of shares in the Absorbed Sub-fund will be suspended on 15 September 2017.


Exchange ratio


As we announced in our letter of 16 August 2017, Lyxor International Asset Management, the management company, has determined that the exchange ratio on the merger date will be 1 unit of the Absorbed Sub-fund for 1 share of the Absorbing Sub-fund.