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BH Macro Announces Share Conversion Update and Potential Class Closures
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BH Macro Announces Share Conversion Update and Potential Class Closures

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BH Macro Shs GBP ( (GB:BHMG) ) just unveiled an announcement.

BH Macro Limited has announced an operational update regarding the timetable for share conversions and the potential triggering of Class Closure Resolutions (CCRs) for its Sterling and US dollar share classes. Due to operational reasons, the deadline for share conversion requests for December 2024 has been moved to midday on December 30, 2024. The CCRs might be triggered if the average daily closing market price of a share class is 8% or more below its average net asset value for 2024. If triggered, this would suspend share conversions starting January 2025, impacting investors’ ability to switch between different share classes.

More about BH Macro Shs GBP

BH Macro Limited is a closed-ended collective investment scheme based in Guernsey, operating under the laws of Guernsey. The company primarily deals with investments and asset management, providing stakeholders with opportunities to invest in various share classes, including Sterling and US dollar shares.

YTD Price Performance: 8.31%

Average Trading Volume: 1,224,186

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of BHMG stock, go to TipRanks’ Stock Analysis page.

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