Liquidation: FIRST TRUST EXCHANGE-TRADED FUND VIII
Form Type: 497
Filing Date: 2025-04-10
Corporate Action: Liquidation
Type: New
Accession Number: 000144554625002657
Filing Summary: This document serves as a supplement to the prospectus, summary prospectus, and statement of additional information for the First Trust TCW Emerging Markets Debt ETF (the 'Fund'). It announces that shareholders holding shares of the Fund as of April 14, 2025, will receive a cash redemption amount corresponding to their proportionate interest in the net assets of the Fund. This liquidation payment is scheduled to occur on or around April 15, 2025, which is designated as the Liquidation Date. The document specifies that this supplement should be retained by shareholders for future reference alongside previously issued documentation.
Document Link: View Document
Additional details:
Shareholder Record Date: 2025-04-14
Liquidation Date: 2025-04-15
Redemption Amount Details: cash redemption amount representing proportionate interest in net assets
Form Type: 497K
Filing Date: 2025-04-10
Corporate Action: Liquidation
Type: New
Accession Number: 000144554625002659
Filing Summary: This document serves as a supplement to the prospectus, summary prospectus, and statement of additional information for First Trust TCW Emerging Markets Debt ETF. It outlines the liquidation process for shareholders. Any shareholder holding shares of the Fund as of April 14, 2025, will receive a cash redemption amount that reflects their proportionate interest in the net assets of the Fund on or around the Liquidation Date, April 15, 2025, after any necessary tax withholdings.
Document Link: View Document
Additional details:
Redemption Date: 2025-04-15
Shareholder Cutoff Date: 2025-04-14
Registration Numbers: 333-210186, 811-23147
Form Type: 497
Filing Date: 2025-03-11
Corporate Action: Liquidation
Type: Update
Accession Number: 000144554625001965
Filing Summary: On March 10, 2025, the Board of Trustees of First Trust Exchange-Traded Fund VIII voted to terminate and liquidate the First Trust TCW Emerging Markets Debt ETF pursuant to a Plan of Liquidation and Termination approved by the Board. The decision indicates that the continuation of the Fund is not in the best interests of its stakeholders. Trading in Fund shares will be halted after April 8, 2025, and the liquidation is scheduled around April 15, 2025. Shareholders can sell their shares until the end of trading on April 8, 2025, and those holding shares on April 13, 2025, will receive a cash redemption amount reflecting their share of the net assets as of the Liquidation Date. These liquidation proceeds will generally be subject to federal and possibly state and local income taxes, depending on the circumstances of each shareholder. The Fund's portfolio managers may change their investment strategy by holding more cash and similar instruments, deviating from the usual investment objectives. This may affect the Fund's ability to achieve its investment goals before trading ceases.
Document Link: View Document
Additional details:
Board Approval Date: 2025-03-10
Trading Halt Date: 2025-04-08
Liquidation Date: 2025-04-15
Redemption Date: 2025-04-13
Form Type: 497K
Filing Date: 2025-03-11
Corporate Action: Liquidation
Type: New
Accession Number: 000144554625001966
Filing Summary: On March 10, 2025, the Board of Trustees of the Trust voted to terminate and liquidate the FIRST TRUST TCW EMERGING MARKETS DEBT ETF, stating that this action is in the best interests of the Fund. Trading in shares will halt on NYSE Arca after April 8, 2025, and liquidation is expected around April 15, 2025. Shareholders can sell their shares until the end of trading on April 8, 2025, after which they will receive a cash redemption corresponding to their proportionate interest in the Fund’s net assets, with tax implications that depend on whether the account is taxable or a qualified retirement account. Portfolio managers may adjust the Fund's holdings to increase cash assets, which might cause deviation from established investment strategies. If there are questions, shareholders can contact the provided support number.
Document Link: View Document
Additional details:
Board Vote Date: 2025-03-10
Liquidation Date: 2025-04-15
Trading Halt Date: 2025-04-08
Shareholder Notification Date: 2025-04-13
Contact Number: 800-621-1675
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