What are the tax implications of this?

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In terms of income tax, the money returned to you due to the wind up of Verve Money is treated the same as if you voluntarily redeemed the funds. We recommend that you consult a tax advisor for advice regarding your specific situation. We will provide you with a tax statement after the final redemptions have been paid to assist you with completion of your 2024/2025 annual tax return.

All deposits and withdrawals are halted as the fund enters wind up. See FAQs for details.