GCI Investors Announces Fund Closure

Rhea-AI Summary

GCI Investors announced the closure and liquidation of the Genuine Investors ETF (NYSE: GCIG). The fund's last trading day is set for November 21, 2022, with all creations or redemptions ceasing on that date. Shareholders will receive remaining proceeds after the fund ceases operations and withdraws assets on November 30, 2022. GCI, an employee-owned firm, focuses on investing in high-quality companies and employs a concentrated, fundamentals-based investment strategy.

Positive

• GCI's investment strategy targets high-quality companies for long-term returns.

Negative

• Closure and liquidation of Genuine Investors ETF could negatively impact shareholders.
• Authorized participants will be unable to create or redeem shares post-November 21, 2022.

HOUSTON--(BUSINESS WIRE)--

GCI Investors (GCI) announced today the impending closure and liquidation of Genuine Investors ETF (NYSE: GCIG). The Valued Advisers Trust Board of Trustees approved the closing and subsequent liquidation of GCIG. The fund’s last day of trading will be November 21, 2022, which will also be the final day for creations or redemptions by authorized participants. The fund will cease operations, withdraw its assets, and distribute the remaining proceeds to shareholders on November 30, 2022.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other important information may be found in the prospectus, which may be obtained by calling (713) 401-9048. Read the prospectus carefully before investing.

Genuine Investors ETF is distributed by Northern Lights Distributors, LLC

About GCI

GCI is an independent, 100% employee- owned firm that was founded on the principle that investing in high-quality companies at attractive prices is the best strategy to achieve long-run, risk-adjusted returns. Their strategy represents a concentrated, fundamentals focused approach to investing. For GCI, everything comes back to making a genuine investment in a company. As such, they take a business-owners approach to understanding and analyzing companies. Their decisions are made as allocators of capital, not as traders of stocks. They continually search for the most attractive investment opportunities at any point in time, across all market caps and various investment styles.

For more information, please visit www.genuineinvestorsetf.com.

15898931-NLD-11012022

View source version on businesswire.com: https://www.businesswire.com/news/home/20221101006230/en/

Guy Davis

GCI Investors

(713) 789-4121

Source: GCI Investors

FAQ

What is the closure date for Genuine Investors ETF (GCIG)?

The last trading day for Genuine Investors ETF (GCIG) is November 21, 2022.

When will shareholders receive their proceeds from GCIG liquidation?

Shareholders will receive the remaining proceeds on November 30, 2022.

What will happen to authorized participants after GCIG closes?

Authorized participants will not be able to create or redeem shares after November 21, 2022.