HELSINKI, 2015-01-09 14:00 CET (GLOBE NEWSWIRE) -- Seligson & Co Fund Management Company Plc has submitted an application to the Finnish Financial Supervisory Authority (FIN-FSA) to change the fund rules of Seligson & Co OMX Helsinki 25 Exchange Traded Fund UCITS ETF. After the change, the Fund will have only accumulation units and will no longer make an annual dividend payment to the Fund’s unit holders. After the change, the reference index of the Fund will be the OMX Helsinki 25 Total Return index.
The change requires the approval of FIN-FSA. If FIN-FSA approves the new rules according to the usual schedule, the new rules will come into force in the beginning of March 2015. Another stock exchange notice regarding the change, including the exact schedule, will be published after the decision by FIN-FSA.
The change does not require any action from the Fund’s unit holders and does not affect the investment policy of the Fund.
Further information:
Ari Kaaro, tel: +358 9 68178 217, email: ari.kaaro@seligson.fi
Seligson & Co Fund Management Company Plc
Ari Kaaro, Managing Director
tel: +358 9 68178 217, email: ari.kaaro@seligson.fi