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Sterling Capital (NYSE Arca: LCG) announced an orderly liquidation of the Focus Equity ETF. The Board set November 17, 2025 as the last day of trading and creation unit acceptance, and November 24, 2025 as the expected liquidation and cash distribution date.
The Fund will be positioned into cash and liquid assets before liquidation, will likely stop tracking its investment objective during the wind-down, and remaining shareholders will receive cash at NAV on the liquidation date. The liquidation may be a taxable event; shareholders should consult tax advisors.