FinEx Funds ICAV Notification to Shareholders

 
TIDMIRSH TIDMFXRU 
 
FinEx Funds ICAV 
 
                                5 George's Dock 
 
                    International Financial Service Centre 
 
                                   Dublin 1 
 
                                    Ireland 
 
                                   D01 X8N7 
 
                                                               28 December 2022 
 
FinEx Funds ICAV (the ICAV) 
 
FinEx Tradable Russian Corporate Bonds UCITS ETF (the Fund) 
 
    Notification to Shareholders of the RUB Shares Share Class of the Fund 
 
Dear Shareholder 
 
We are writing to inform you that the Directors of the ICAV have resolved to 
terminate the RUB Shares Share Class of the Fund (the RUB Share Class) in 
accordance with Clause 11 of the Instrument of Incorporation of the ICAV with 
effect from 17 January 2023 (the Termination Date). 
 
The Directors of the ICAV have resolved to terminate the RUB Share Class as 
changes in material aspects of the business and in the economic and political 
situation relating to the RUB Share Class had material adverse consequences to 
the Shareholders and the investments of the Fund. It is not expected that 
Shareholders in the RUB Share Class will receive any proceeds from the 
redemption of shares held in the RUB Share Class. 
 
In accordance with the ICAV's prospectus and, pursuant to this notice of 
termination, Shareholders in the RUB Share Class will be deemed to have given a 
request in writing for the repurchase of their Shares in the RUB Share Class. 
Accordingly, from the Termination Date, any existing shareholding in the RUB 
Share Class will be compulsorily redeemed in accordance with the Instrument of 
Incorporation and the ICAV's prospectus. 
 
If you have any queries, please contact Martin Bednall, 
[e-mail]. 
 
Capitalised terms used in this notice shall have the same meaning ascribed to 
them in the latest version of the Prospectus unless the context otherwise 
requires. 
 
We thank you for your continuing support of the ICAV. 
 
Yours faithfully 
 
___________________ 
 
Director 
 
FinEx Funds ICAV 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 28, 2022 07:30 ET (12:30 GMT)