AccuShares Investment Management, LLC ("AccuShares") Announces Estimated Regular, Net Income (If Applicable), and Corrective Distributions, and the Effective Date of a Reverse Split for Both AccuShares Spot CBOE VIX Up Shares and Down Shares
STAMFORD, CT--(Marketwired - October 09, 2015) - AccuShares®, as sponsor of the AccuShares Trust I (formerly known as the AccuShares Commodity Trust I) (the "Trust"), today announces an estimated Regular Distribution and, if applicable, an estimated Net Income Distribution for AccuShares Spot CBOE® VIX® Up Shares (NASDAQ: VXUP) (the "Up Shares") and Spot CBOE VIX Down Shares (NASDAQ: VXDN) (the "Down Shares"). AccuShares also announces a Corrective Distribution followed by a Reverse Split for Up Shares and Down Shares.
The estimated distribution amounts below are calculated as of October 9, 2015 and therefore such information is only an estimate, is subject to change and may be significantly different from the actual distribution amounts to be declared, which will be published on the date of declaration. The estimated distribution information below has been determined as if the closing value of the CBOE Volatility Index® (the "Underlying Index") for October 9, 2015 were the closing value of the Underlying Index at the end of the current Regular Distribution measurement period.
The terms Regular Distribution, Net Income Distribution, Corrective Distribution and Reverse Split are defined and described in the current prospectus of the AccuShares Spot CBOE VIX Fund (the "Fund").
The relevant distribution information is provided in the tables below:
Distribution Date Information:
NASDAQ Ticker | Name | Ex-Date | Record Date | Distribution Payment Date | ||||
VXUP | AccuShares Spot CBOE VIX Up Shares | October 16, 2015 | October 20, 2015 | October 22, 2015 | ||||
VXDN | AccuShares Spot CBOE VIX Down Shares | October 16, 2015 | October 20, 2015 | October 22, 2015 |
Estimated Distribution Amount Information: