Helsinki, 2015-01-27 14:00 CET (GLOBE NEWSWIRE) -- On 9 January 2015 we announced that Seligson & Co Fund Management Company Plc had 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. The Finnish Financial Supervisory Authority has approved the new rules for Fund on 27 January 2015. The new rules will be effective starting from 1 March 2015.
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. In addition, the way the Fund’s Creation Unit is determined has been changed.
The change does not require any action from the Fund’s unit holders and does not affect the investment policy of the Fund.
The new Fund rules are available on www.seligson.fi and can be requested from the company.
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