SELIGSON & CO OMX HELSINKI 25 EXCHANGE TRADED FUND’S SHARES WILL CHANGE FROM INCOME UNITS INTO ACCUMULATION UNITS 1 MARCH 2015
27-01-15 kl. 27/1 2015 13:00 | Seligson & Co OMX Helsinki 25 Exchange Traded Fund 0,00 (0,00%)
Helsinki, 2015-01-27 14:00 CET (GLOBE NEWSWIRE) --
On 9 January 2015 we announced that Seligson & Co Fund Management Company
Plc had 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. The Finnish Financial Supervisory Authority has
approved the new rules for Fund on 27 January 2015. The new rules will be
effective starting from 1 March 2015.
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.
In addition, the way the Fund’s Creation Unit is determined has been changed.
The change does not require any action from the Fund’s unit holders and does
not affect the investment policy of the Fund.
The new Fund rules are available on www.seligson.fi and can be requested from
the company.
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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