Termination and compulsory redemption of the Shares

UBS ETFs plc - Termination and compulsory redemption of the Shares

PR Newswire

London, May 20

UBS ETFs plc

Registered Office: 78 Sir John Rogerson's Quay,Dublin 2Ireland

(the "Company")

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MSCI USA GROWTH SF UCITS ETF (USD) A-ACC – ISIN IE00B5ST4671

MSCI ACWI Risk Weighted SF UCITS ETF (USD) A-ACC - ISIN IE00B6VS8T94

MSCI EMU GROWTH SF UCITS ETF (EUR) A-ACC- ISIN IE00B4MFJH03

Notice to Shareholders

Termination and compulsory redemption of the Shares

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20 May 2016

The board of directors of the Company (the "Board") wishes to inform the shareholders of MSCI USA GROWTH SF UCITS ETF (USD) A-ACC, MSCI ACWI Risk Weighted SF UCITS ETF (USD) A-ACC and the MSCI EMU Growth SF UCITS ETF (EUR) A-ACC, each a sub-fund of the Company (each a "Fund", together the "Funds"), that the Board has resolved to terminate the Funds, such termination to be effective as of 29 June, 2016.

Unless the context otherwise requires, all defined terms contained in this letter shall have the meanings assigned to them in the Prospectus for the Company and Supplements for the Funds.

In accordance with the terms of the Prospectus and the Articles of Association of the Company, the Board may decide to terminate the Funds and effect the compulsory repurchase of all Shares.

Paragraph 18.9 of Appendix II of the Company’s Articles of Association provides that the Directors may compulsorily repurchase all of the shares of any Fund if the Net Asset Value of the relevant Fund is less than the Minimum Fund Size as may be determined by the Board in respect of that Fund and disclosed in the relevant Supplement. Further, paragraph 10.2 of Appendix II provides that the Board shall give notice of termination of a sub-fund to the Shareholders in the relevant sub-fund and by such notice fix the date at which such termination is to take effect, which date shall be for such period after the service of such notice as the Board determines.

In addition, as outlined in section 8.7 of the Prospectus, the Company may compulsorily redeem all of the Shares of any Fund if the Net Asset Value of the relevant Fund is less than the Minimum Fund Size (if any) specified in the relevant Supplement and in accordance with the terms of the Supplement for the relevant Fund.

The Supplements for the MSCI USA Growth SF UCITS ETF and the MSCI ACWI Risk Weighted SF UCITS ETF each provide for a Minimum Fund Size of USD100 million. The Supplement for the MSCI EMU Growth SF UCITS ETF provides for a Minimum Fund Size of EUR100 million. The Net Asset Value of the Funds as at the date of this Notice is significantly below the Minimum Fund Size set out in the relevant Supplement for each of the Funds.

Accordingly, in accordance with the Prospectus, the Articles of Association of the Company and the Supplements of the Funds, the Board has resolved to compulsorily redeem all of the Shares in the Funds on 29 June, 2016 at the prevailing Net Asset Value per Share on the same date, calculated at the relevant Valuation Date of 29 June 2016 (the “Termination Date”).

The trading of the Shares on the relevant stock exchanges will continue up to and including 16 June 2016.

Afterwards, as a consequence of the termination, the Shares in the Funds shall be delisted from any exchanges in which they are currently traded.

Prior to the Termination Date, redemptions will be accepted (in accordance with the terms and conditions of the Prospectus) for the relevant Funds until the dates as set out below.

MSCI USA Growth SF UCITS ETF (USD) A-ACC, the 21.06.2016

MSCI ACWI Risk Weighted SF UCITS ETF (USD) A-ACC, the 20.06.2016

MSCI EMU Growth SF UCITS ETF (EUR) A-ACC, the 21.06.2016

Please accept this letter as notification of the termination of the Funds. Following the final redemption date, investors who are still a Shareholder of the Funds shall have the proceeds of this compulsory redemption of their Shares paid to their bank account. Settlement date will be on or around 15 July 2016 (the "Settlement Date").

Investors at their choice can:

sell their shares on exchanges on which they are traded until close of trading on the 16th June 2016 ; or

wait for the automatic compulsory redemption of the shares and payment of redemption proceedson Settlement Date. No redemption charges shall apply.

Please note that as part of the closure process and in the event of significant redemptions in the Funds following this notice of closure and before the final redemption date, the ability to meet the investment objective of the Funds may be compromised and there will accordingly be an increased risk of tracking error in the Funds.

Shareholders may obtain the Prospectus, copies of each of the Supplements for the Funds, the key investor information documents, the latest annual and semi-annual reports and copies of the Memorandum and Articles of Association of the Company free of charge from the registered office of the Company or the local representatives in the countries where the Company is registered and in Switzerland at UBS Fund Management (Switzerland) AG, Aeschenplatz 6, 4052 Basel which acts as Swiss Representative and UBS Switzerland AG, Bahnhofstrasse 45, CH-8098 Zurich which acts as the Swiss Paying Agent as well as from the German Paying and Information agent, UBS Deutschland AG, Bockenheimer Landstrasse 2-4, D-60306 Frankfurt and for Italy on the website www.ubs.com/etf

Dated 20 May 2016

On behalf of the Board of Directors of

UBS ETFs plc