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LONDON - BlackRock (NYSE:BLK)’s iShares VI plc announced Friday it will close its Edge MSCI EM Minimum Volatility Advanced UCITS ETF (IE00BKVL7885) next month, with the final trading day set for August 12, 2025.
According to a company statement, shareholders who still hold positions in the fund on August 14 will have their shares automatically redeemed as part of the compulsory closure. The fund’s assets will be liquidated to return proceeds to investors.
Shareholders who prefer not to wait for the automatic redemption can redeem their shares at any time up to and including August 13, 2025, following standard redemption procedures outlined in the fund’s prospectus.
The exchange-traded fund is expected to be delisted on August 18, with settlement of redemption proceeds anticipated by August 19, 2025.
The announcement, made via a regulatory news service filing, did not specify reasons for the closure. The fund tracks emerging markets stocks selected for lower volatility characteristics.
BlackRock has made the shareholder letter available through the UK’s National Storage Mechanism and on the iShares website, according to the press release statement.
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