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Victory Portfolios II announced the liquidation of the VictoryShares Emerging Markets Volatility Wtd ETF (CEZ), following a regular review of its product lineup to better meet client needs. Shareholders can sell their holdings on the Nasdaq until the close of trading on March 25, 2021. The ETF will cease all trading that day and liquidate around March 31, 2021, with cash distributions made to shareholders based on the net asset value. Victory Capital Management will bear all associated fees, excluding brokerage charges.