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Copper Place Global Capital, has announced the liquidation of the Copper Place Global Dividend Growth ETF (Ticker: GDVD). The Board of Trustees of Northern Lights Fund Trust IV authorized this decision on August 21, 2024, deeming it in the best interests of the Fund and its shareholders. Key dates include:
- August 28, 2024: Last trading day on NYSE Arca and final day for creation unit acceptance
- September 5, 2024: Expected liquidation date
Shareholders can sell holdings before the closing date, subject to brokerage charges. The Fund will increase cash holdings during liquidation, expecting to hold only cash by August 30, 2024. Remaining shareholders on the liquidation date will receive cash at the net asset value, including capital gains and dividends. This liquidation may have tax implications for shareholders.
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