SWZ: Offer to buy back shares, Dec 19, 2025
The fund offered to buy back 24% of its shares at 98% of value, until Jan 20, 2026.
Do I need to do anything? The fund will buy back up to 24% of its shares at 98% of the value of its holdings. If you want to sell at that price, tell your broker to tender ALL your shares before Jan 20, 2026; if more people tender than the fund will take, everyone is cut back in proportion, so tendering everything gets you the most. If you hold fewer than 100 shares, you are usually not cut back. If you do nothing, you keep your shares. This is information, not advice.
- Date
- Dec 19, 2025
- Fund
- SWZ - Total Return Securities Fund
- Terms
- 24% of shares, at 98% of the value of the holdings, until Jan 20, 2026
- What
- Offer to buy back shares
- Document number
- 0001999371-25-020802
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