M&A: PIONEER SERIES TRUST XII

Form Type: 497K

Filing Date: 2024-12-30

Corporate Action: Acquisition

Type: New

Accession Number: 000027677624000165

Comments: Pioneer Disciplined Growth Fund (Class A, C, K, R, Y) is undergoing a potential acquisition as Amundi Asset Management US, Inc. announced a definitive agreement on July 9, 2024, to merge with Victory Capital Holdings, Inc. This transaction, pending regulatory approval, could lead to the fund’s advisory agreement with Amundi being terminated and a proposed reorganization into a new fund advised by Victory Capital Management Inc. will be considered by the fund’s Board of Trustees. If approved, shareholders will vote on the reorganization. The document outlines the fund's objectives, fees, expenses, investment strategies and associated risks including market, growth, portfolio selection, and ESG considerations. Additionally, it provides insight into transaction costs and potential impacts of external market factors on fund performance.

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