Amundi Asset Management Announces Upcoming Mergers of Several ETFs Slated for April 2024

Amundi Asset Management has disclosed their plan to merge several of its Exchange-Traded Funds (ETFs) on the 25th of April, 2024. This strategic move involves the consolidation of specific Absorbed ETFs into Receiving ETFs. On the effective date of the merger, new tickers will be activated for the Receiving ETFs, with further details and the list of changes made available on Amundi's official website and in the attached shareholder notices.

The merger will see ETFs such as the Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF and Amundi Euro Government Bond II – UCITS ETF cease trading their respective tickers on the closing of 24th April 2024. Subsequently, the newly merged ETFs, including Amundi MSCI Smart Cities ESG Screened UCITS ETF – Acc and Amundi Euro Government Bond – UCITS ETF Acc, will commence trading on the London Stock Exchange with their new tickers from the open of 25th April 2024.

Characteristics of the Receiving ETFs, including their investment strategies and expense ratios, will remain unchanged post-merger. Additionally, the transition aims to streamline Amundi's ETF offerings, potentially impacting the secondary market with the absorbed ETFs halting trade the day prior to the merger.

For investors and market participants, Amundi has provided a timeline and advises all affected parties to prepare for the changes and adjust their portfolios accordingly. The fund management company encourages inquiries to be directed to its Capital Markets team via email.