Terms and conditions of the SSE50 Index Linked Exchange Traded Fund will be amended effective from June 29, 2018.
Nomura Asset Management Co., Ltd. has announced an update to the terms and conditions of the SSE50 Index Linked Exchange Traded Fund as follows:
Nomura Asset Management will include the Nomura SSE Index Mother Fund as a Designated Investment Trust Security alongside the existing New Nomura China Investment Fund - China A Shares Index Fund. The addition of a further Designated Investment Trust Security is expected to enhance management efficiency by increasing the number of investment trust securities that are allowed to invest directly in Chinese stocks.