FIS Knights of Columbus Global Belief ETF to Liquidate for Shareholders' Benefit

Liquidation and Termination of the FIS Knights of Columbus Global Belief ETF



In a significant development for its investors, Faith Investor Services LLC, the advisor and sponsor for the FIS Knights of Columbus Global Belief ETF (hereafter referred to as 'the Fund'), has decided it's in the best interests of shareholders to proceed with the liquidation of the Fund. This important decision was announced on June 23, 2025.

The liquidation is set to take effect officially on July 18, 2025. For shareholders, this means that liquidation payments will be distributed around this date. Notably, the Fund will cease to accept new creation orders following the market's close on July 11, 2025. Moreover, trading of the Fund shares on NYSE Arca, Inc. is also scheduled to conclude on the same day as the liquidation.

If any shareholders fail to sell their Fund shares before the market closes on July 18, they will automatically have cash transferred to their brokerage accounts equivalent to the net asset value of their shares, which will include any capital gains and dividends. The net asset value, calculated by the liquidation date, will appropriately account for any costs linked to the closure of the Fund. After the distribution phase is accomplished, the Fund will ultimately be terminated.

Background on Faith Investor Services LLC



Based in Dallas, Texas, Faith Investor Services LLC has been active in managing the FIS Knights of Columbus Global Belief ETF, with a reported approximate asset management total of $232.4 million as of November 2024. The firm emphasizes the importance for investors to reflect thoroughly on their investment goals, associated risks, fees, and operational costs involved in exchange-traded funds (ETFs) before making a financial commitment. For further details, interested parties can reach out to access the Fund’s prospectus by calling (833) 833-1311 or visiting their official website at www.faithinvestorservices.com. It's advisable for potential investors to read the prospectus carefully prior to any investments.

Important Notes for Investors



Investors are encouraged to consider these recent developments carefully. The decision to liquidate is aligned with the goal of maximizing shareholder value while navigating the often complex landscape of investment funds. In preparation for this transition, it is crucial to stay informed about the relevant timelines leading up to the liquidation date, as well as to remain engaged with the outcome of the Fund’s net asset value calculations. Once the distribution has been completed and transactions finalized, the Fund’s operational functions will be permanently concluded.

As a reliable entity in the investment advisory landscape, Faith Investor Services LLC continues to prioritize the interests of its shareholders while adapting to the ever-changing tides of financial markets. Stakeholders should keep abreast of upcoming announcements for any additional information regarding the finalization of the liquidation process and any optional avenues for their investments moving forward.

Topics Financial Services & Investing)

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