Clearstream Banking1 inform customers that FinEx Funds ICAV and FinEx Physically Backed Funds ICAV intend to convert their Irish-domiciled Exchange-Traded Funds (ETFs) to the ICSD model in Common Depository structure, effective
9 November 2020
This migration will consist of 13 ETFs issued under the FinEx Funds ICAV and FinEx Physically Backed Funds ICAV umbrellas with record date 6 November 2020 and effective date 9 November 2020
Impact on customers
No action is required from customers for the conversion of the securities into the international ETF structure. However, depending on the customers’ current settlement arrangements, there may be actions for them to take. Please refer to the attached PDF, which provides relevant details.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
-----------------------------------
1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.
