NEXT FUNDS TOPIX-17 PHARMACEUTICAL ETF [1621.T]
TOKYO, May 19 (Pulse News Wire) – Next Funds Topix-17 Pharmaceutical ETF (1621.T), announced changes to subscription deadlines for 33 exchange-traded funds (ETFs). Effective July 14, the submission deadline for applications will shift from 3:30 PM to 4 PM.
Exceptions apply for companies involved in the underlying index composition, which retain their earlier cutoff time of 2:30 PM. This adjustment aims to enhance investor convenience and streamline operational processes. The revised schedule does not impact trading activities through the Tokyo Stock Exchange.
The changes were deemed non-material and did not require formal resolutions or objections from stakeholders. The updated agreement forms will be filed by July 15, marking the official implementation date for the new deadlines. Investors should note that some sales channels might still adhere to the previous times until further notice.
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