GOOSE HOLLOW CAPITAL MANAGEMENT ANNOUNCES AN ETF CLOSURE
Goose Hollow Capital Management has announced the closure of its Enhanced Equity ETF (GHEE). The Board of Trustees of Collaborative Investment Series Trust has decided to liquidate the Fund, with the final liquidation payment to shareholders expected on September 27, 2024. Key points include:
- The Fund will stop accepting creation orders after September 11, 2024
- The last trading day on the Cboe BZX Exchange will be September 27, 2024
- Shareholders can sell their holdings until market close on September 27, 2024
- Remaining shareholders will receive cash equal to the net asset value of their shares
Investors are advised to consider potential tax implications and consult with their tax advisors regarding their specific situations.
Goose Hollow Capital Management ha annunciato la chiusura del suo Enhanced Equity ETF (GHEE). Il Consiglio di Amministrazione del Collaborative Investment Series Trust ha deciso di liquidare il Fondo, con il pagamento finale di liquidazione agli azionisti previsto per il 27 settembre 2024. I punti chiave includono:
- Il Fondo smetterà di accettare ordini di creazione dopo l'11 settembre 2024
- L'ultimo giorno di negoziazione presso il Cboe BZX Exchange sarà il 27 settembre 2024
- Gli azionisti possono vendere le loro partecipazioni fino alla chiusura del mercato il 27 settembre 2024
- Gli azionisti rimanenti riceveranno un importo in contante equivalente al valore netto degli attivi delle loro azioni
Si consiglia agli investitori di considerare le potenziali implicazioni fiscali e di consultare i propri consulenti fiscali riguardo alle loro situazioni specifiche.
Goose Hollow Capital Management ha anunciado el cierre de su Enhanced Equity ETF (GHEE). La Junta de Fideicomisarios del Collaborative Investment Series Trust ha decidido liquidar el Fondo, con el pago final de liquidación a los accionistas previsto para el 27 de septiembre de 2024. Los puntos clave incluyen:
- El Fondo dejará de aceptar órdenes de creación después del 11 de septiembre de 2024
- El último día de negociación en la Cboe BZX Exchange será el 27 de septiembre de 2024
- Los accionistas pueden vender sus participaciones hasta el cierre del mercado el 27 de septiembre de 2024
- Los accionistas restantes recibirán un pago en efectivo equivalente al valor neto de los activos de sus acciones
Se aconseja a los inversores considerar las posibles implicaciones fiscales y consultar a sus asesores fiscales sobre sus situaciones específicas.
구스 할로우 캐피탈 매니지먼트(Goose Hollow Capital Management)가 Enhanced Equity ETF(GHEE)의 폐쇄를 발표했습니다. Collaborative Investment Series Trust의 이사회는 펀드를 청산하기로 결정했습니다, 마지막 청산금 지급은 2024년 9월 27일에 주주에게 지급될 예정입니다. 주요 사항은 다음과 같습니다:
- 펀드는 2024년 9월 11일 이후로 창출 주문을 받지 않습니다
- Cboe BZX 거래소에서의 마지막 거래일은 2024년 9월 27일입니다
- 주주들은 2024년 9월 27일 시장 마감 시까지 자신의 보유 주식을 판매할 수 있습니다
- 남은 주주들은 자신의 주식의 순 자산 가치에 해당하는 현금을 받게 됩니다
투자자들은 잠재적인 세금 영향을 고려하고 자신의 특정 상황에 대해 세무 자문과 상담하는 것이 권장됩니다.
Goose Hollow Capital Management a annoncé la fermeture de son Enhanced Equity ETF (GHEE). Le Conseil d'Administration du Collaborative Investment Series Trust a décidé de liquider le Fonds, avec le dernier paiement de liquidation aux actionnaires prévu pour le 27 septembre 2024. Les points clés incluent :
- Le Fonds cessera d'accepter les ordres de création après le 11 septembre 2024
- Le dernier jour de négociation sur le Cboe BZX Exchange sera le 27 septembre 2024
- Les actionnaires peuvent vendre leurs participations jusqu'à la clôture du marché le 27 septembre 2024
- Les actionnaires restants recevront un montant en espèces équivalent à la valeur nette des actifs de leurs actions
Les investisseurs sont conseillés à envisager les éventuelles implications fiscales et à consulter leurs conseillers fiscaux concernant leurs situations spécifiques.
Goose Hollow Capital Management hat die Schließung seines Enhanced Equity ETF (GHEE) angekündigt. Der Vorstand des Collaborative Investment Series Trust hat beschlossen, den Fonds zu liquidieren, wobei die endgültige Liquidationszahlung an die Aktionäre voraussichtlich am 27. September 2024 erfolgt. Zu den wichtigsten Punkten gehören:
- Der Fonds wird nach dem 11. September 2024 keine Schaffung von Anteilen mehr akzeptieren
- Der letzte Handelstag an der Cboe BZX Exchange ist der 27. September 2024
- Aktionäre können ihre Anteile bis zur Marktschluss am 27. September 2024 verkaufen
- Verbleibende Aktionäre erhalten eine Barauszahlung in Höhe des Nettoinventarwerts ihrer Anteile
Anleger werden empfohlen, mögliche steuerliche Auswirkungen zu berücksichtigen und sich bezüglich ihrer spezifischen Situationen mit ihren Steuerberatern beraten zu lassen.
- None.
- ETF closure and liquidation
- Cessation of trading on Cboe BZX Exchange after September 27, 2024
- Potential tax implications for shareholders
The Board has determined to liquidate the Fund with the liquidation payment to shareholders expected to take place on or about September 27, 2024 ("Liquidation Date"). After September 11, 2024, the Fund will not accept creation orders. The last day of trading in the Fund on the Cboe BZX Exchange, Inc. (the "Exchange") will be September 27, 2024. Shareholders should be aware that while the Fund is preparing to liquidate, it will not be pursuing its stated investment objective or engaging in any business activities except for the purposes of winding up its business and affairs, preserving the value of its assets, paying its liabilities, and distributing its remaining assets to shareholders.
Shareholders may sell their holdings of the Fund on the Exchange until market close on September 27, 2024, and may incur typical transaction fees from their broker-dealer. The Fund's shares will no longer trade on the Exchange after market close on September 27, 2024, and the shares will be subsequently delisted. Shareholders who do not sell their shares of the Fund before market close on September 27, 2024, will receive cash equal to the amount of the net asset value of their shares, which will include any capital gains and dividends, in the cash portion of their brokerage accounts, on or about the Liquidation Date.
Shareholders generally will recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares. You may wish to consult your tax advisor about your particular situation.
About Goose Hollow Capital Management LLC
Goose Hollow Capital Management LLC is a global macro investment manager that is located just outside the
IMPORTANT RISK CONSIDERATIONS
This press release is for informational purposes only. It is not an offer or recommendation to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Further, none of the information and material in this communication is intended to constitute legal advice, tax advice, investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's full and summary prospectus, which may be obtained by visiting ghee.gham.co. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. An investment in the Fund may be subject to risks which include, among others, market, interest rate, tax, liquidity, leverage, non-diversified, investment restrictions, operational, authorized participant concentration, no guarantee of active trading market, trading issues, active management, fund shares trading, premium/discount and liquidity of fund shares and concentration risks, all of which may adversely affect the Fund. Diversification does not ensure profits or prevent losses. Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Unlike mutual funds, ETF shares are not individually redeemable directly with the Fund and are bought and sold on the secondary market at market price, which may be higher or lower than the ETF's net asset value (NAV). Transactions in shares of ETFs will result in brokerage commissions, which will reduce returns.
Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.
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SOURCE GOOSE HOLLOW CAPITAL MANAGEMENT
FAQ
When will the Goose Hollow Enhanced Equity ETF (GHEE) stop trading?
What happens to GHEE shares not sold before the liquidation date?
Are there tax implications for GHEE shareholders due to the ETF closure?
When is the final liquidation payment for GHEE expected?
