M&A - PIONEER SERIES TRUST VIII

Form Type: 497K

Filing Date: 2025-03-27

Corporate Action: Merger

Type: Update

Accession Number: 000126538925000005

Filing Summary: PIONEER SERIES TRUST VIII is in the process of a merger involving its investment adviser, Amundi Asset Management US, Inc. The adviser has announced a definitive agreement to combine with Victory Capital Holdings, Inc. This merger is referred to as the 'Transaction.' Approval from regulatory bodies and fund shareholders is required for the merger to proceed. If approved, the fund will be reorganized into a newly established Victory Fund, managed by Victory Capital Management Inc. The merger proposal is currently pending shareholder approval, and there is no guarantee that it will pass. The fund aims for long-term capital growth, primarily investing in equity securities of non-U.S. issuers. The document provides detailed information about the fund's fees, expenses, investment strategies, risk factors, and performance objectives, reinforcing the significance of this merger in the context of the fund's future management and investment direction. The fund's trustees have already approved the reorganization contingent upon shareholder consent, highlighting the urgency and importance of the certificate's context within the investment community.

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Form Type: N-CSR

Filing Date: 2025-02-05

Corporate Action: Merger

Type: New

Accession Number: 000119312525020515

Filing Summary: Pioneer Series Trust VIII filed an N-CSR report outlining significant fund changes due to a merger agreement with Victory Capital Holdings, Inc. This agreement, announced on July 9, 2024, involves combining the investment adviser, Amundi Asset Management US, Inc., with Victory Capital, making Amundi a strategic shareholder of Victory Capital. The reorganization will require shareholder approval, and a new fund is expected to be established. Key fund performance indicators include a return of 14.27% for Class K shares and 13.87% for Class A shares during the fiscal year ending November 30, 2024, outperforming benchmarks. The document specifies details on fund management, performance metrics, and shareholder communication protocols, emphasizing the importance of the upcoming shareholder vote for the merger.

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