Liquidating mutual fund

Black Rock Commodity Strategies Fund Liquidation Liquidation Date: October 31, 2008 On Friday, September 12, 2008, the Black Rock Technology Fund reorganized into the Black Rock Global Science & Technology Opp. In addition, the Black Rock Global Science & Technology Opportunities Portfolio was renamed the Black Rock Science & Technology Opportunities Portfolio.

https://gov/Archives/edgar/data/1016073/000119312517201533/d377206d497.htm497 1 d377206d497497 DRIEHAUS MUTUAL FUNDS (The “Trust”) Driehaus Select Credit Fund SUPPLEMENT DATED JUNE 12, 2017 TO PROSPECTUS, SUMMARY PROSPECTUS and STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 2017 IMPORTANT NOTICE The Board of Trustees of the Trust has determined to terminate and liquidate the Driehaus Select Credit Fund (the “Fund”).

On Friday, September 9, 2011 the fund reorganizations listed above took place.

ICI’s policy activity on tax matters is detailed at ICI’s taxation resources page. What are the tax implications of investing in tax-advantaged accounts, such as company retirement plans? What kinds of gains and losses can a fund have in its portfolio, and what are their tax implications for investors? Mutual fund shareholders generally pay federal and, in many cases, state and local income taxes, including taxes on dividends and capital gains.This question is calling for a somewhat subjective answer.What I would recommend is liquidate now, since it is a stock fund and stocks have performed very well this year, no need to be greedy and hope that they do as well in 2014.It’s not until the final bell when you actual know the price of trades for the fund as a whole.That can create difficulties on days when the market is a volatile time bomb.Shareholders who do not sell their shares of the Fund before the effective date under the Plan of Termination and Liquidation, currently expected to be July 24, 2017, will receive a liquidating distribution in cash equal to the amount of the net asset value of their shares.


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