SELIGSON & CO OMX HELSINKI 25 EXCHANGE TRADED FUND’S SHARES WILL CHANGE FROM INCOME (YIELD) UNITS INTO ACCUMULATION (GROWTH) UNITS
09-01-15 kl. 9/1 2015 13:00 | Seligson & Co OMX Helsinki 25 Exchange Traded Fund 0,00 (0,00%)
HELSINKI, 2015-01-09 14:00 CET (GLOBE NEWSWIRE) --
Seligson & Co Fund Management Company Plc has submitted an application to the
Finnish Financial Supervisory Authority (FIN-FSA) to change the fund rules of
Seligson & Co OMX Helsinki 25 Exchange Traded Fund UCITS ETF. After the change,
the Fund will have only accumulation units and will no longer make an annual
dividend payment to the Fund’s unit holders. After the change, the reference
index of the Fund will be the OMX Helsinki 25 Total Return index.
The change requires the approval of FIN-FSA. If FIN-FSA approves the new rules
according to the usual schedule, the new rules will come into force in the
beginning of March 2015. Another stock exchange notice regarding the change,
including the exact schedule, will be published after the decision by FIN-FSA.
The change does not require any action from the Fund’s unit holders and does
not affect the investment policy of the Fund.
Further information:
Ari Kaaro, tel: +358 9 68178 217, email: [email protected]
Seligson & Co Fund Management Company Plc
Ari Kaaro, Managing Director
tel: +358 9 68178 217, email: [email protected]
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