Liquidation: Voya VARIABLE PORTFOLIOS INC

Add to your watchlist
Back to List of Bankruptcies and Liquidations

Form Type: 497K

Filing Date: 2025-04-30

Corporate Action: Liquidation

Type: New

Accession Number: 000168386325004373

Filing Summary: Voya Emerging Markets Index Portfolio has been proposed for liquidation, with the Board of Directors approving the liquidation on March 13, 2025. The Portfolio will be closed to new investors effective March 21, 2025, and the liquidation is expected to occur on or about June 13, 2025. This portfolio aims to achieve investment results that correspond to the total return of the MSCI Emerging Markets Index. It primarily invests in equities of companies included in the Index and employs a passive management strategy. The document also provides details about the estimated costs associated with investing in the Portfolio, including management fees, and highlights the potential risks investors may face, such as market fluctuation and geopolitical events.

Additional details:

Class Ticker: I/IEPIX


Annual Portfolio Operating Expenses: 0.65% for Class I, 0.90% for Class S


Total Annual Portfolio Operating Expenses After Waivers: 0.55% for Class I, 0.80% for Class S


Portfolio Turnover Rate: 16%


Principal Investment Strategy: invests at least 80% of its net assets in equity securities of companies included in the Index


Liquidation Date: 2025-06-13


Portfolio Close Date: 2025-03-21


Management Fees: 0.38%


Form Type: 497

Filing Date: 2025-03-21

Corporate Action: Liquidation

Type: New

Accession Number: 000168386325002393

Filing Summary: On March 13, 2025, the Board of Directors of Voya Emerging Markets Index Portfolio approved a proposal to liquidate the Portfolio, expected to occur on or about June 13, 2025. The Portfolio is immediately closed to new investors. In preparation for the liquidation, the Portfolio will begin transitioning its investments, which may lead to a deviation from its investment objectives and policies. Current investors will receive further communications regarding the liquidation process and options for exchanging their investments.

Additional details:

Investment Objectives: deviation from investment objectives and policies


Communication Details: additional communication regarding liquidation and exchange options


Liquidation Approved Date: 2025-03-13


Liquidation Effective Date: 2025-06-13


Comments

No comments yet. Be the first to comment!