OREANDA-NEWS. February 05, 2016. Columbia Large Cap Growth ETF (NYSE Arca: RPX), Columbia Select Large Cap Growth ETF (NYSE Arca: RWG), and Columbia Select Large Cap Value ETF (NYSE Arca: GVT) (the Liquidating ETFs) previously announced in a press release dated December 23, 2015 that each would close, liquidate its portfolio, and make a liquidating distribution to its shareholders holding shares as of the close of the NYSE Arca (the Exchange), which was also when the Liquidating ETFs ceased trading on the Exchange and closed to investors (the Cessation Date).

On or about February 4, 2016 (the Distribution Date), each of the Liquidating ETFs will make to their respective shareholders as of the Cessation Date a liquidating distribution equal to the shareholder’s proportionate interest in the net assets of the particular Liquidating ETF as of the Cessation Date. The liquidation distributions will be made in cash.

The Liquidating ETFs’ liquidating distributions are expected to be as follows:

Liquidating
ETF Ticker Distribution
per Share
Columbia Large Cap Growth ETF RPX

\\$41.00

Columbia Select Large Cap Growth ETF RWG

\\$38.70

Columbia Select Large Cap Value ETF GVT

\\$38.00

Columbia Core Bond ETF (NYSE Arca: GMTB) and Columbia Intermediate Municipal Bond ETF (NYSE Arca: GMMB) will continue to be offered.

ETF shares are not individually redeemable. Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the ETF, typically in blocks of 50,000 shares.

Columbia Management Investment Advisers, LLC serves as the investment manager to Columbia Large Cap Growth ETF, Columbia Select Large Cap Growth ETF, Columbia Select Large Cap Value ETF, Columbia Intermediate Municipal Bond ETF, and Columbia Core Bond ETF. The Columbia ETFs are distributed by ALPS Distributors, Inc., which is not affiliated with Columbia Management Investment Advisers, LLC, or its parent company Ameriprise Financial, Inc. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.