AIIQ Fund Closure Announcement
2022年6月29日 - 5:30AM
ビジネスワイヤ(英語)
EquBot announced today that the Board of Trustees of ETF Series
Solutions (the "Trust") has determined to close and liquidate the
EquBot AI Powered International Equity ETF (NYSE: AIIQ) (the
"Fund") effective immediately after the close of business on July
29, 2022. EquBot will continue to operate its other Funds and
Indexes as usual.
The Fund's last day of trading will be July 28, 2022, which will
also be the final day for creation unit orders by authorized
participants. The Fund will conclude operations and distribute the
remaining proceeds to shareholders promptly after July 29, 2022.
Shareholders who do not sell their Fund shares by this date will
have their shares automatically redeemed for cash based on the
Fund's net asset value (NAV). Customary brokerage charges may apply
to transactions to sell Fund shares. Shareholders should contact
their tax advisor to discuss the income tax consequences of the
liquidation.
About EquBot
EquBot is an explainable AI investment platform that helps
institutional investors make smarter investment decisions. The
platform currently powers approximately $2 Billion in assets across
ETFs, indices, thematic baskets and other solutions for some of the
largest global financial institutions. EquBot’s investors stay
informed through access to insights across global news articles,
financial and market data, and alternative data on over 50k global
stocks, bonds, REITs, and commodities. EquBot is a participant in
the “With Watson” program and a graduate of the IBM Global
Entrepreneur Program. EquBot is headquartered in San Francisco.
Additional information is available at www.equbot.com.
Carefully consider the Fund’s investment objectives, risk
factors, charges, and expenses before investing. This and
additional information can be found in the Fund’s statutory or
summary prospectus, which may be obtained by calling
1-650-451-5497, or by visiting www.AIIQetf.com. Read the prospectus
carefully before investing.
Investing involves risk, including the possible loss of
principal. Shares of any ETF are bought and sold at market price
(not NAV), may trade at a discount or premium to NAV and are not
individually redeemed from the Fund.
Distributed by Quasar Distributors, LLC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220628005143/en/
Julia Stoll / julia@macmillancom.com
MacMillan Communications
212-473-4442
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