iFreeETF TOPIX Double Inverse (-2x) Index [1368.T]
TOKYO, Jun 03 (Pulse News Wire) – iFreeETF TOPIX Double Inverse (-2x) Index (1368.T) announced plans to combine shares and amend its terms. Shareholders will vote on the proposal with the record date set for June 15, 2026.
If approved, the changes will take effect on October 3, 2026, followed by share consolidation based on October 21, 2026. Shareholders holding less than 100 units as of the consolidation date will receive cash compensation for their holdings. The ETF's total number of shares will decrease by a factor of 100, while the per-share net asset value will increase by 100 times.
Beneficial owners who oppose the amendments can request redemption during the period from August 28 to September 16, 2026. Additionally, the trust agreement will be updated to reflect the changes, including adjustments to subscription units and conditions for early termination. The revised agreement will come into force on October 22, 2026.
🔴 Confidence: Review recommended AI-translated content.