Update: MAXISSM Nikkei 225 Index Fund to Close
NEW YORK, Feb. 10, 2016 /PRNewswire/ -- As previously reported, the Board of Trustees of Precidian ETFs Trust has decided to liquidate and shutter the MAXISSM Nikkei 225 Index Fund (the “Fund”), and shares of the Fund will stop trading on the NYSE Arca, Inc., and will no longer be open to purchase by investors, at the close of regular trading on March 11, 2016. The process of closing down and liquidating the Fund’s portfolio will then commence, and was originally scheduled to take place between March 12, 2016 and March 25, 2016. The Fund has now shortened this schedule so that the Fund will liquidate on March 18, 2016.
For more information about the liquidation and termination process, please contact Precidian at 908-781-0560. For media inquiries, please contact Stuart Thomas at 908-781-0560.
Precidian Investments® is an industry leader in the creation of innovative financial products, specializing in exchange-traded fund (ETF) and mutual fund development, and associated trading and pricing technologies. We design and develop next-generation tools for the mutual fund industry, ETF providers and leading financial services institutions to meet the needs of today’s more sophisticated investors. Precidian Investments® expertise in product development, trading, clearance, sales, technology, and securities law enables us to more efficiently design and build cutting-edge financial instruments.
There is no guarantee that the Fund will achieve its objectives.
An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. The prospectus and summary prospectus contains this and other information about the Fund. The prospectus and summary prospectus should be read carefully before investing.
Distributor: Foreside Fund Services, LLC.