Update on the Special Meeting of Shareholders for FIS Bright Portfolios Focused Equity ETF
FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) has recently reconvened its special meeting of shareholders. The purpose of this meeting was to discuss important changes regarding the fund’s future. At the meeting, shareholders were asked to evaluate and approve a significant Agreement and Plan of Reorganization. This reorganization will transition BRIF into FIS Trust, following the recommendations of the Fund’s Board of Trustees.
Reasons for Adjournment
The special meeting was adjourned to facilitate a more comprehensive engagement with shareholders. This decision was made to provide ample time for shareholders to consider their votes. Shareholders entitled to vote will still use the same record date, which remains set for November 20, 2025.
Voting Instructions for Shareholders
Shareholders who were part of the fund as of the established record date and have not yet cast their votes are encouraged to do so prior to the adjourned meeting. Various options for submitting votes have been outlined in the fund's proxy materials. For those interested, the proxy statement is readily accessible online.
Participation Guidelines for Record Holders
If shareholders hold their BRIF shares directly and want to participate in voting at the adjourned meeting, they are advised to reach out to the fund's proxy solicitor, Mediant, for credentials. Voting can be executed using the control number provided on previous proxy cards. Any requests should be submitted by 9 a.m. Mountain Standard Time on the new meeting date.
Requirements for Intermediary Holders
Shareholders who own shares via an intermediary, such as a broker-dealer, must secure a legal proxy. This document must clearly present the fund’s name, the number of shares held, and each holder’s name and email. It is crucial that this information is submitted to Mediant prior to the meeting.
Contact Information
For any queries regarding participation in the adjourned special meeting, shareholders should contact Mediant at 888-332-9934. A representative there will be available to provide assistance and answer any questions that may arise.
Fund Overview and Future Steps
This announcement does not serve as a solicitation for purchasing or selling shares or obtaining proxies from shareholders. The formal solicitation will occur in conjunction with the definitive registration statement providing detailed information regarding the proposed reorganization.
Fund shareholders and investors can obtain comprehensive details about the interests of the Fund’s trustees and officers in relation to the reorganization by reviewing the proxy statement. Adherence to this process is crucial for informed decision-making.
Investment Considerations
The FIS Bright Portfolios Focused Equity ETF is subject to inherent investment risks that could lead to principal loss. Investors are advised to carefully evaluate their investment objectives alongside costs and potential risks associated with exchange-traded funds (ETFs) before proceeding to invest.
Frequently Asked Questions
Who can vote in the adjourned special meeting?
Only shareholders who were registered as of November 20, 2025, are eligible to vote at the adjourned special meeting.
What is the new date and time for the adjourned special meeting?
The adjourned special meeting will now take place on February 19, 2026, at 9 a.m. Mountain Standard Time.
How can I submit my vote for the special meeting?
Votes can be submitted in advance following the instructions given in the Fund's proxy materials. Ensure your votes are submitted before the meeting.
What should I do if I hold my shares through a broker?
If your shares are held through an intermediary, you need to obtain a legal proxy from them to vote in the special meeting.
Who can I contact for assistance regarding participation?
Mediant can be contacted at 888-332-9934 for any support related to participation in the adjourned special meeting.
