on Lyxor MSCI Russia UCITS ETF - Dist (isin : LU1923627332)
Amundi ETF Announces Liquidation of Lyxor MSCI Russia UCITS ETF
Amundi Investment Solutions announced the liquidation of its Lyxor MSCI Russia UCITS ETF on December 13, 2024. This follows the suspension of the fund's valuation since March 4, 2022, due to the ongoing conflict between Ukraine and Russia.
The ETF, listed under the ticker RUSL LN with ISIN LU1923627332, will be delisted from the secondary market on December 20, 2024. Trading occurred in GBP and USD. The suspension impacted the fund's performance and investor confidence.
This liquidation reflects broader market challenges and geopolitical uncertainties affecting Russian-related funds. The decision aligns with regulatory considerations and investor protection measures. The delisting marks a significant step in Amundi's management strategy.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Lyxor MSCI Russia UCITS ETF - Dist news