The recommendation of Timothy Partners, Ltd., the Trust’s investment adviser, the Board of Trustees of The Timothy Plan approved the merger of the Timothy Plan High Dividend Stock Enhanced ETF (the “Acquired Fund”) into the Timothy Plan High Dividend ETF (the “Acquiring Fund”) each a series of the Trust (each of the Acquired Fund and Acquiring Fund may be referred to as a “Fund,” and together, the “Funds”) (the “Reorganization”). The Acquired Fund and the Acquiring Fund are each index funds and have similar, but not identical, principal investment strategies. The Funds are managed by the same investment adviser, investment sub-adviser and portfolio managers. The Reorganization is expected to occur on or about October 3, 2025.
Following the Reorganization, shareholders of the Acquired Fund will receive the equivalent aggregate net asset value of shares of the Acquiring Fund (plus cash in lieu of fractional shares, if any) that the shareholder held immediately prior to the Reorganization. For U.S. federal income tax purposes, the Reorganization is not expected to result in income, gain or loss being recognized by the Acquired Fund or its shareholders (except with respect to cash received in lieu of any fractional shares).
A combined information statement and prospectus that contains important information about the Reorganization and the Funds will be mailed to Acquired Fund shareholders before the consummation of the Reorganization. No shareholder vote is required to approve the Reorganization.
The determinations and actions described herein, and anticipated timing of those actions, remain subject to future change.
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