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LONDON - iShares II plc announced Friday it will close its EM Infrastructure UCITS ETF (ISIN:IE00B2NPL135) next month, with the final trading day set for August 12, 2025.
According to a company press release, the fund will undergo compulsory redemption of all participating shares on August 14, 2025. Shareholders who maintain their positions until the compulsory redemption date will have their shares automatically redeemed as the fund’s assets are liquidated.
Investors who prefer not to wait for the automatic redemption can sell their shares through normal redemption procedures up until the final dealing date of August 13, 2025.
The ETF is expected to be delisted on August 18, with settlement of redemption proceeds anticipated by August 19, 2025.
The company did not specify the reason for the fund closure in its announcement.
iShares, a major provider of exchange-traded funds, stated that shareholders with questions about the closure can contact the company through regional helplines provided in the announcement.
The full shareholder letter with additional details will be available on the UK Financial Conduct Authority’s National Storage Mechanism and the iShares website, according to the company statement.
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