OREANDA-NEWS. May 20, 2015. Nasdaq Riga decided to delist IPAS „CBL Asset Management” funds „CBL Russian Equity Fund”, „CBL Eastern European Select Equity Fund”, „CBL Baltic Sea Equity Fund”, „CBL Active Strategy Fund - EUR”, „CBL Active Strategy Fund - USD”, „CBL Balanced Strategy Fund - EUR”, „CBL Balanced Strategy Fund – USD”, „CBL Universal Strategy Fund - EUR”, „CBL Universal Strategy Fund - USD”, „CBL Eastern European Bond Fund - EUR”, „CBL Eastern European Bond Fund - USD” and „CBL Global Emerging Markets Bond Fund” from Nasdaq Baltic Investment Fund List as of May 21, 2015. The last listing day is set to be May 20, 2015.
    Investment fund name ISIN code Ticker
CBL Russian Equity Fund LV0000400190 PXSPKAFR
CBL Eastern European Select Equity Fund LV0000400851 PXSEECFR
CBL Baltic Sea Equity Fund LV0000400794 PXSBSEFR
CBL Active Strategy Fund - EUR LV0000400414 PAMASFER
CBL Active Strategy Fund - USD LV0000400406 PAMASFUR
CBL Balanced Strategy Fund - EUR LV0000400398 PAMBSFER
BL Balanced Strategy Fund – USD LV0000400380 PAMBSFUR
CBL Universal Strategy Fund - EUR LV0000400372 PAMUSFER
CBL Universal Strategy Fund - USD LV0000400364 PAMUSFUR
CBL Eastern European Bond Fund - EUR LV0000400174 PXSPASFR
CBL Eastern European Bond Fund - USD LV0000400125 PXSPAOFR
CBL Global Emerging Markets Bond Fund LV0000400828 PXSGEMFR

Simulatenously Nasdaq Riga decided on May 19, 2015 to immediately apply observation status to all the above mentioned "CBL Asset Management" IPAS funds.

Observation status will be applied according to Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 7, which stipulates that the Issuer shall be placed on observation status if in the next 6 months it is planned to perform activities in the result of which the financial instruments of the Issuer would be delisted.

The purpose of applying observation status is to alert the market participants.

Also after exclusion from the Investment Fund list funds will stay as Funds Center customers, thus publicly displaying and distributing fund data.