NEXT FUNDS TOPIX-17 ELECTRIC POWER & GAS ETF [1627.T]
TOKYO, May 19 (Pulse News Wire) – Next Funds TOPIX-17 Electric Power & Gas ETF (1627.T) announced changes to its subscription deadline time effective July 14. The new cutoff time for subscriptions will be 4 p.m., up from the previous 3:30 p.m.
This adjustment applies to 33 targeted ETFs managed by Nomura Asset Management Co., Ltd. The change aims to enhance investor convenience and operational efficiency. No separate resolutions or objections are required for this modification, which does not affect trading through the Tokyo Stock Exchange.
Beneficiaries who hold shares of companies included in the TOPIX index will still face a cut-off time of 2:30 p.m. for subscription requests. The revised terms take effect on July 15, following regulatory approval on July 14.
Investors should note that sales agents may implement different deadlines based on local regulations.
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