M&A - Centre Funds

Form Type: DEFA14A

Filing Date: 2025-04-11

Corporate Action: Merger

Type: New

Accession Number: 000139834425006992

Filing Summary: Centre Funds is conducting a reorganization proposal for the Centre American Select Equity Fund and the Centre Global Infrastructure Fund to transition them into new mutual fund trust structures within Horizon Funds. Shareholders who own significant shares (20,000 or more for American Select Equity Fund, 5,000 or more for Global Infrastructure Fund) are urged to participate in voting on this matter. The funds' names will remain unchanged, but the assets and liabilities will be transferred to newly created corresponding funds with the same investment objectives and risks. The transaction is contingent on shareholder approval at a Special Meeting scheduled for April 16, 2025, and it is expected to be tax-free under Section 368(a) of the Internal Revenue Code. The Board of Trustees recommends a vote 'For' the proposal, emphasizing the importance of shareholder participation in the voting process. Voting options include phone, internet, or mail. The reorganization is expected to enhance operational efficiencies without impacting investments.

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