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Infusive Asset Management announced the closure of its Infusive Compounding Global Equities ETF, effective June 17, 2022. The Board of Trustees approved a Plan of Liquidation, ceasing normal business activities as of June 10, 2022. Following liquidation, Fund shares outstanding will be automatically redeemed at net asset value, and shareholders will receive proceeds without transaction fees. Shareholders should consult tax advisers regarding potential tax implications of automatic redemptions. Infusive will continue managing its other Funds.
Infusive Asset Management announced it surpassed $500 Million in Assets Under Management and the UCITS fund achieved a cumulative return of over 100% since its launch in June 2016. Under CEO Andrea Ruggeri, the firm reported a 43% increase for its UCITS fund and a 31% rise for its ETF in 2020. Ruggeri emphasized the potential for continued growth by focusing on consumer sectors benefiting from economic reopening. Infusive's investment strategy targets companies that generate consumer desire-driven revenue.
