Contents of the Appendix Table for the terms and conditions of the NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund will be amended effective on March 27, 2015.
Nomura Asset Management Co., Ltd. has announced an update to the Appendix Table for the terms and conditions of the NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund.
Important points relating to amendments
- 1.Subscription price:
<Previous> The amount of the NAV, as of the next business day after the subscription application day, multiplied by no more than 100.05% (100.05% as of July 14, 2014).
<New> The amount of the NAV, as of the next business day after the subscription application day, multiplied by no more than 100.05%(100.02% as of March 27, 2015). - 2.Liquidation price:
<Previous> The amount subtracted from the NAV, as of the next business day after the redemption application day, multiplied by no more than 0.05% (0.05% as of July 14, 2014) as the amount to be retained in trust assets
<New> The amount subtracted from the NAV, as of the next business day after the redemption application day, multiplied by no more than 0.05%(0.02% as of March 27, 2015).