Ifreeetf Cathay Taiwan Adjusts Minimum Subscription Units

TOKYO, May 20 (Pulse News Wire) – iFreeETF Cathay Taiwan Tech Leader Index (413A.T) announced changes to its investment trust agreement effective July 1, 2026. To prevent rounding discrepancies during settlement processes facilitated by Japan Securities Depository Corporation, the minimum subscription units for additional subscriptions and partial redemptions will shift from one share to multiples of the base price quotation shares.

Specifically, the minimum will now be 500 shares or more in increments of 100 shares instead of 500 shares or more in single-share increments. This adjustment applies solely to direct applications made to the trustee and does not affect trading methods on the Tokyo Stock Exchange.

The revised terms will take effect after regulatory approval by the Financial Services Agency by June 30, 2026. No special shareholder resolutions are required for this modification as it is deemed non-material according to the Investment Trust and Investment Corporations Act.

A detailed comparison of the old and new provisions is available upon request.