The Finnish Financial Supervisory Authority has approved a change of fund rules for the Seligson & Co OMX Helsinki 25 Exchange Traded Fund UCITS ETF.
Under the news rules, which will be effective starting from 1 March 2015, the fund will only have accumulation units and will no longer make an annual dividend payment to the 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.
