iFreeETF S&P500 (JPY HEDGED) [2248.T]
TOKYO, Apr 14 (Pulse News Wire) – iFreeETF S&P500 (JPY Hedged) (2248.T) announced changes to its investment trust agreement effective June 03, 2026. The modifications include altering subscription units to prevent rounding discrepancies during settlement processes, changing minimum application units from one share to 100-share increments.
Additionally, the deadline for additional subscriptions and partial redemptions has been shortened from four trading days prior to the calculation period end to three trading days, reducing to five trading days if the calculation period end falls on a holiday. The Financial Services Agency filing was completed by June 04, 2026. These adjustments aim to enhance investor convenience without affecting trading methods on the Tokyo Stock Exchange.
No special resolution procedures are required as per legal standards for significant changes. The revised agreement also updates the beneficiary rights application unit and price provisions, modifying the minimum application units for beneficiaries' rights acquisition requests from one share to 100-share increments. Partial redemption request deadlines remain aligned with the adjusted subscription timelines, ensuring streamlined operations while maintaining flexibility for exceptional circumstances based on trustee discretion.
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