Shareholders Approve FIS Bright Portfolios ETF Reorganization Amid Meeting Adjournment

FIS Bright Portfolios Focused Equity ETF Special Meeting Updates



On December 29, 2025, the FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) convened a special meeting of shareholders to deliberate on significant organizational changes. This meeting is critical for stakeholders as it centers on the proposed reorganization of BRIF into FIS Trust, a move sanctioned by the ETF's Board of Trustees. However, as additional time was deemed necessary for shareholder participation, the meeting has been adjourned until January 21, 2026, at 9 a.m. Mountain Standard Time.

Understanding the Reorganization Proposal


The proposed reorganization represents a significant shift in how the portfolio is managed and structured. Shareholders were encouraged to review the details of this move and participate in the voting process. Importantly, the record date for eligible voters remains set as November 20, 2025, meaning those holding shares by this date will have the right to vote on this vital organizational direction.

Next Steps for Shareholders


In light of the adjournment, shareholders who haven't cast their votes are prompted to do so ahead of the rescheduled meeting. They can vote through the methods outlined in the Fund's proxy materials, which are accessible online. The Fund stresses the importance of this vote, as it may influence the future structure and operations of the ETF.

Additionally, for shareholders of the FIS Christian Stock Fund (PRAY), also held on the same date, approved plans to reorganize into FIS Trust are in place, with expectations for completion by year-end 2025.

Voting Participation


Those holding shares directly with the Fund or through intermediaries can participate in the adjourned meeting by contacting Mediant, the Fund's proxy solicitor. For direct holders, credentials to vote will be provided upon contact. If you're a shareholder through an intermediary, it's vital to acquire a legal proxy reflecting your shares before voting, ensuring you have the necessary credentials to participate.

For shareholders planning to attend the meeting in person, valid photo identification will be required, alongside documentation evidencing one's authority to vote.

Important Information and Cautionary Statements


This communication aims to inform stakeholders about the ongoing changes and does not serve as an invitation to buy or sell shares in either fund. The official solicitation for any actions required will be conducted via comprehensive documentation, including the definitive proxy statement/prospectus as mandated by regulatory authorities.

Furthermore, prospective and current investors are advised to review the proxy statement/prospectus thoroughly to understand the implications of the reorganization better. The document provides critical insights into the risks, objectives, and structure of the Funds, ensuring that investors make informed decisions.

Conclusion


As the adjourned special meeting approaches, stakeholders in both the FIS Bright Portfolios Focused Equity ETF and the FIS Christian Stock Fund are urged to engage proactively. This is a pivotal moment in the Funds' journey towards restructuring under FIS Trust, and every vote counts in shaping the future of these investment vehicles. Ultimately, the proceeding holds the potential to redefine how these funds operate and serve their stakeholders moving forward.

Investing in these funds carries inherent risks, and while they may offer benefits, potential investors should be well-informed about all aspects of the funds, including performance metrics, associated risks, and investment strategies before proceeding.

Topics Financial Services & Investing)

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