NEXT FUNDS Bloomberg France Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund [2246.T]
TOKYO, Apr 27 (Pulse News Wire) – Next Funds Bloomberg France Treasury Bond (7-10 Year) Index (yen-hedged) Exchange Traded Fund (2246.T) faces potential termination due to low share count. As of April 27, the number of outstanding shares was below the ¥1.25 million threshold set in the fund's agreement.
If this condition persists until May 28, the trust will end on June 30, 2026, with redemption payments beginning within 40 days thereafter. The ETF is expected to be designated as a delisting candidate on June 26, 2026, with trading ceasing on June 29, 2026.
Unless the share count rises above ¥1.25 million by May 28, the fund’s operations will cease and its contract will be amended accordingly. Should the fund continue operating, it will remain linked to the Bloomberg France Treasury Bond (7-10 Year) Index (Yen-Hedged).
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