Aurora Funds Management Limited, the responsible entity of the Aurora Fortitude Absolute Return Fund (AFARF), advises that the extraordinary resolutions put to unitholders were not approved by AFARF unitholders earlier today.
- Resolution 1 (Removal of Aurora as the current Responsible Entity) was not passed.
- Resolution 2 (Appointment of Millinium as the new Responsible Entity) was not passed.
- Resolution 3 (Winding up the Fund) was not passed.
Accordingly, Aurora will remain the responsible entity of AFARF and will continue to act as the responsible entity of AFARF and seek to accomplish the investment objective and strategy of AFARF.