Market News
Nov. 19, 2024 TSE Decision on Delisting, etc.: NEXT FUNDS Russian Equity Index Exchange Traded Fund
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
1.Delisting and Designation as Securities to Be Delisted
(1)Issue Name | NEXT FUNDS Russian Equity Index Exchange Traded Fund beneficiary certificate (Code: 1324, Product: ETF) |
(2)Period of Designation as Securities to Be Delisted |
From Nov. 19, 2024 (Tue.) to Dec. 19, 2024 (Thu.) |
(3)Delisting Date | Dec. 20, 2024 (Fri.) (Note) In cases where circumstances in which the above beneficiary certificate should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date. |
(4)Reason (Related Clause) |
Due to falling under the establishment of an investment trust agreement period in an amendment to the basic terms and conditions of the investment trust (Securities Listing Regulations, Rule 1112, Paragraph 1, Item (3), Sub-item b (b) ) |
(5)Details of Reason | Today, the management company pertaining to NEXT FUNDS Russian Equity Index Exchange Traded Fund (hereinafter "the ETF") approved an amendment to the basic terms and conditions of the investment trust for the ETF that will make the investment trust agreement period expire on Jul. 8, 2050. |
2.Exclusion from Securities in Lieu of Money
The beneficiary certificate of the ETF will be excluded from securities in lieu of money for the following items from Nov. 20, 2024 (Wed.) inclusive.
- Customer margin for margin transactions and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds
Designation History of Securities Under Supervision & Securities to Be Delisted
DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
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