newsfilter
← Latest News
GlobeNewswire·

Westwood Holdings Group Announces Liquidation of Westwood LBRTY Global Equity ETF

BFREWHG
  • Westwood Holdings Group announced plans to close & liquidate the Westwood LBRTY Global Equity ETF (NYSE: BFRE) following an ongoing review of its ETF offerings.
  • The last day of trading on the NYSE Arca is Friday, February 27, 2026 ("Closing Date"), which is also the final day for creating new units.
  • Shareholders can sell holdings prior to the Closing Date subject to customary brokerage charges, while authorized participants may redeem baskets until that date.
  • The Fund is expected to cease operations, liquidate assets, & distribute proceeds on Friday, March 6, 2026 ("Liquidation Date").
  • Between the Closing Date & Liquidation Date, shares may only be sold to certain broker-dealers with no assurance of an active market.
  • The portfolio will be converted to cash, cash equivalents, or other liquid assets, causing the Fund to deviate from its investment objective.
  • Remaining shareholders will receive cash equal to the net asset value of their shares on the Liquidation Date, including accrued capital gains & dividends.
  • The liquidation distribution is treated as payment for shares & may constitute a taxable event requiring consultation with a tax advisor.
  • The Fund will terminate once distributions are complete.