M&A - OPTIMUM FUND TRUST

Form Type: PRE 14A

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: New

Accession Number: 000113743925000832

Filing Summary: A joint special meeting of shareholders for Optimum Fund Trust will be held on September 10, 2025, to vote on a proposal regarding the acquisition of the US and European public investments business of Macquarie Asset Management by Nomura Holding America Inc. The transaction, valued at approximately $1.8 billion, will result in the automatic termination of the current investment advisory agreement with Delaware Management Company (DMC). Shareholders are asked to approve a new investment advisory agreement with DMC to ensure continuity of investment services post-acquisition. The meeting will take place via live webstream, and shareholders of record will be invited to participate and vote on the proposal. Details about voting procedures and proxy materials are included in the proxy statement, emphasizing that voting is crucial for all shareholders, with further assurance that investment objectives and fee structures will not change as a result of the deal.

Form Type: 497

Filing Date: 2025-06-18

Corporate Action: Acquisition

Type: Update

Accession Number: 000113743925000743

Filing Summary: On June 18, 2025, the Trust's Board of Trustees approved and recommended that shareholders approve a new investment advisory agreement for each Fund in anticipation of Nomura Holding America Inc.'s acquisition of Macquarie Asset Management's US and European public investments business. This acquisition will lead to the automatic termination of each Fund's investment advisory agreement with Delaware Management Company (DMC). The new advisory agreement will become effective upon closing of the acquisition. Shareholders will receive proxy materials for approval of the new agreement, expected to be mailed in late July 2025. An interim investment advisory agreement was also approved, allowing DMC to provide investment advisory services to each Fund until the earlier of 150 days from the agreement's effective date or until shareholder approval of the new advisory agreement.

Form Type: 497

Filing Date: 2025-04-21

Corporate Action: Acquisition

Type: New

Accession Number: 000113743925000306

Filing Summary: On April 21, 2025, Macquarie Group Limited, the parent company of Delaware Management Company, announced an agreement for Nomura Holding America Inc. to acquire the US and European public investments asset management business of Macquarie Asset Management. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, with an expected close by the end of October 2025. This acquisition will lead to the automatic termination of the investment advisory agreement with DMC and necessitates approval of new investment advisory and sub-advisory agreements by the Board of Trustees, followed by presentations to Fund shareholders for their approval. A note warns investors to consult tax professionals about implications related to the investment in the funds.