NEXT FUNDS TOPIX-17 BANKS ETF [1631.T]
TOKYO, May 19 (Pulse News Wire) – Nomura Asset Management Co., Ltd. (management firm code 13,064), led by CEO and President Shogo Ooka, announced changes to the application deadline times for its series of exchange-traded funds (ETFs).
Effective July 14, the closing time for applications for the 33 targeted ETFs will shift from 3:30 PM to 4:00 PM. Exceptions apply for companies involved in the underlying index or constituent securities, whose deadlines remain unchanged at 2:30 PM. The decision was made to enhance investor convenience and streamline operations.
Notably, the adjustment does not affect trading through the Tokyo Stock Exchange. The revised terms will take effect on July 15 without requiring additional shareholder approval or objection procedures. This move impacts several popular ETFs, including the Next Funds TOPIX-Linked ETF (Code 1,306) and the Next Funds TOPIX Core 30 Linked ETF (Code 1,311).
Other affected ETFs include those tracking indices such as Nikkei 225, real estate investment trusts, and various sector-specific benchmarks.
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