Statement from TWUSUPER regarding merger discussions


A TWUSUPER spokesperson said:

“TWUSUPER’s motivation in entering merger discussions with EISS was the potential benefit members of both funds would achieve from greater scale. We also felt EISS members would benefit from TWUSUPER’s strong investment performance.

“Following extensive due diligence TWUSUPER will not proceed with a merger with EISS at this time. Any merger must be in members’ best interest. TWUSUPER is now pursuing other growth options.”

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