Nomura Asset Management will reduce the minimum number of units required for creation and redemption applications for the NEXT FUNDS Nikkei-TOCOM Platinum Index Linked Exchange Traded Fund (1682) effective from February 27, 2020.
Nomura Asset Management will amend the Appendix Table for the terms and conditions of the Trust Deed for the NEXT FUNDS Nikkei-TOCOM Platinum Index Linked Exchange Traded Fund (Code: 1682). The minimum number of units required for the creation and redemption for the aforementioned ETF will be amended as shown below effective from February 27, 2020.
Before the amendment:
- Creation: 1,000,000 units or more, available in multiples of indivisible blocks of 10,000 units each
- Redemption: 1,000,000 units or more, available in multiples of indivisible blocks of 10,000 units each
After the amendment:
- Creation: 100,000 units or more, available in multiples of indivisible blocks of 10,000 units each
- Redemption: 100,000 units or more, available in multiples of indivisible blocks of 10,000 units each
(Notes)
- -These amendments are made in consideration of the convenience of investors and to enable more efficient management, etc.
- -These amendments do not apply to the trading of the aforementioned ETF on the Tokyo Stock Exchange.