Amendments to the terms and conditions of the trust deeds for NEXT FUNDS linked to non-Japanese assets and commodities/commodity futures: Shortening of settlement cycle from T+3 to T+2

Nomura Asset Management Co., Ltd. will implement the following amendments to the terms and conditions of the trust deeds for the NEXT FUNDS listed below. These changes will take effect from July 12, 2019. Because the settlement cycle for stocks and other securities will change from T+3 to T+2, we have included the following amendments for the convenience of current and prospective investors.

  • For both the creation and redemption of ETFs, the time limit for application will be amended from 3:00 pm to 3:30 pm.

For further details of specific amendments, please refer to the respective upcoming prospectuses for the relevant NEXT FUNDS.

Terms and conditions of the following 18 NEXT FUNDS will be amended on July 12, 2019:

  1. 1.(1323) NEXT FUNDS FTSE/JSE Africa Top40 Linked Exchange Traded Fund
  2. 2.(1324) NEXT FUNDS Russia RTS Linked Exchange Traded Fund
  3. 3.(1325) NEXT FUNDS Ibovespa Linked Exchange Traded Fund
  4. 4.(1328) Gold-Price-Linked Exchange Traded Fund
  5. 5.(1545) NEXT FUNDS NASDAQ-100(R) Exchange Traded Fund
  6. 6.(1546) NEXT FUNDS Dow Jones Industrial Average Exchange Traded Fund
  7. 7.(1559) NEXT FUNDS Thai Stock SET50 Exchange Traded Fund
  8. 8.(1560) NEXT FUNDS FTSE Bursa Malaysia KLCI Exchange Traded Fund
  9. 9.(1678) NEXT FUNDS Nifty 50 Linked Exchange Traded Fund
  10. 10.(1682) NEXT FUNDS Nikkei-TOCOM Platinum Index Linked Exchange Traded Fund
  11. 11.(1699) NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund
  12. 12.(2511) NEXT FUNDS International Bond FTSE World Government Bond Index (ex Japan Unhedged) Exchange Traded Fund
  13. 13.(2512) NEXT FUNDS International Bond FTSE World Government Bond Index (ex Japan Yen-Hedged) Exchange Traded Fund
  14. 14.(2513) NEXT FUNDS International Equity MSCI-KOKUSAI (Unhedged) Exchange Traded Fund
  15. 15.(2514) NEXT FUNDS International Equity MSCI-KOKUSAI (Yen-Hedged) Exchange Traded Fund
  16. 16.(2515) NEXT FUNDS International REIT S&P Developed REIT Index (ex Japan Unhedged) Exchange Traded Fund
  17. 17.(2519) NEXT FUNDS Emerging Market Bond J.P. Morgan EMBI Plus (Unhedged) Exchange Traded Fund
  18. 18.(2520) NEXT FUNDS Emerging Market Equity MSCI-EM (Unhedged) Exchange Traded Fund