M&A - Credit Suisse Commodity Strategy Funds

Form Type: 497K

Filing Date: 2025-05-28

Corporate Action: Merger

Type: New

Accession Number: 000110465925053442

Filing Summary: On May 28, 2025, UBS Asset Management (Americas) LLC entered into an agreement to sell its O'Connor investment platform to an affiliate of Cantor Fitzgerald Investment Advisors, L.P. This transaction involves the transition of the O'Connor investment management and support teams to the affiliate, which is a newly-formed investment adviser currently registering with the SEC. The initial closing of the transaction is expected by the end of the fourth quarter of 2025, pending regulatory and investor approvals. The transfer of investment management responsibilities from UBS AM (Americas) to Cantor Fitzgerald will require approvals from the Funds' Board of Trustees and shareholders. Further details regarding this transfer will be provided to shareholders.