The Fund Manager is writing to inform you that at the Meeting, the requisite quorum being present, less than 75% of the votes cast were in favour of the Extraordinary Resolution and the Extraordinary Resolution was not passed. Accordingly, the proposed merger of the Fund into the Target Fund will not take place and there will be no change to the Deed.
You may continue to hold your Units and no further action is required from you. Alternatively, you may also have the following options mentioned in the attached letter.
For more details, please read the shareholder notification.
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