iFreeETF NASDAQ100 Double Inverse (-2x) [2870.T]
TOKYO, Apr 14 (Pulse News Wire) – Ifreeetf Nasdaq100 Double Inverse (-2x) (2870.T) announced changes to its subscription units effective June 04. The minimum subscription unit for additional purchases and partial redemptions will shift from one share to ten shares to prevent rounding discrepancies during settlement processes facilitated by Japan Securities Depository Corporation.
Current requirements mandate subscriptions and redemptions in multiples of 500 shares, but the new rule applies to transactions beyond this threshold. The alteration does not affect trading methods on the Tokyo Stock Exchange.
Financial Services Agency notification was completed by June 03. No special shareholder resolution was deemed necessary due to the non-major nature of the changes according to investment trust regulations.
A detailed comparison of the revised and existing provisions is available upon request.
🟢 Confidence: High AI-translated content.