UBS and the CSSF have met on 5 February 2009 to discuss the circumstances of Luxalpha SICAV – American Selection and Luxembourg Investment Fund – US Equity Plus.
American Selection and US Equity Plus are two Luxembourg funds which have been hit by the Madoff scandal. Pursuant to those discussions, UBS and CSSF have agreed to cooperate in their efforts to determine the relevant facts and define the way forward in close conjunction with all others who are affected by the events in order to find a solution as soon as possible.
L.D.