26-05-2016, 01:58 PM
The Manager has decided on an early liquidation of the Class D-USD of the Fund as the Class has not attracted sufficient investor demand.
Accordingly, the Manager hereby announces that approval from the AMF was sought to liquidate the Class D-USD of the Fund with approval being granted by AMF on 9 May 2016.
An application to delist the Class D-USD of the Fund from the SGX-ST was also made to the SGX-ST and the SGX-ST granted its approval-in-principle of the proposed delisting on 18 May 2016.
Full Disclosure : I hold this ETF
Accordingly, the Manager hereby announces that approval from the AMF was sought to liquidate the Class D-USD of the Fund with approval being granted by AMF on 9 May 2016.
An application to delist the Class D-USD of the Fund from the SGX-ST was also made to the SGX-ST and the SGX-ST granted its approval-in-principle of the proposed delisting on 18 May 2016.
Full Disclosure : I hold this ETF
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures