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SPCG Advises AgioFunds TFI on Closed-End Portfolio Investment Fund

SPCG Advises AgioFunds TFI on Closed-End Portfolio Investment Fund

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SPCG Studnicki, Pleszka, Cwiakalski, Gorski has advised AgioFunds TFI on the creation of Polish closed-end portfolio investment fund Beta ETF mWIG40TR, with the Brokerage House of Bank Ochrony Srodowiska acting as the offering entity.

On June 26th, 2019, the Polish Financial Supervision Authority approved a prospectus for Beta ETF mWIG40TR. This is the second fund, after Beta ETF WIG20TR, created on the basis of Polish law and subject to the supervision of the PFSA. The first fund from this new group of financial instruments on the domestic market debuted on the Warsaw Stock Exchange in January 2019.

The SPCG team was led by Partner Ewa Mazurkiewicz, supported by Partner Artur Zapala and Junior Associate Malgorzata Wawrzynczak.

SPCG did not reply to our inquiries about the deal