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Extra dividend in XACT F Euro and XACT F Sweden.
(From Hugin)
The Exchange Traded Funds XACT FTSE RAFI Fundamental Euro (XACT F Euro) and XACT FTSE RAFI Fundamental Sweden (XACT F Sweden) will close at year end. Last day to trade fund units on the stock exchange is December 14, 2009 for XACT F Euro and December 17, 2009 for XACT F Sweden. Fund units that have not been sold on the stock exchange on these days by the latest, will be redeemed on January 7, 2010 (XACT F Sweden) and January 11, 2010 (XACT F Euro) respectively.
The funds will pay an extra dividend in order to transferring the taxation of the fund's income to unit-holders, thus avoiding double taxation, according to the following schedule. The Board of …
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- Correction: Extra dividend in XACT F Euro and XACT F Sweden.
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News wire article from: Europe Intelligence Wire
October 12, 2009
700+ words
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- XACT - first in Europe with a fundamental ETF.
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News wire article from: Europe Intelligence Wire
September 11, 2006
700+ words
