Increased numbers of distributions for XACT Nordic High Dividend Low Volatility (UCITS ETF) (Cision)
Xact Kapitalförvaltning is changing the fund rules for XACT Högutdelande (legal name XACT Nordic High Dividend Low Volatility [UCITS ETF]). The change will take effect on April 1, 2020.
Distributions a minimum of twice per year – unchanged target of 4 per cent annually
As a result of the change, the number of distributions will be increased to a minimum of twice per year – during the months of May and September – or more frequently in accordance to what is stated in the information brochure.
The target is to continue to annually distribute approximately 4 per cent of the fund units’ value at the time of the Management Company’s decision for distribution. However, the distribution can be both higher and lower. The size of the distribution for the full year is not affected by the change, but rather the difference is that the number of distributions has been increased.
The fund rules have been approved by the Swedish financial supervisory authority and the fund rules, fact sheet and information brochure will be available on April 1, 2020 at www.handelsbanken.se/fonder and www.xact.se
For further information, please contact:
Pär Nürnberg, VD Xact Kapitalförvaltning AB, 08 - 701 34 05
Past returns are no guarantee of future returns. Investments made in mutual funds can rise or fall in value, and it is not certain that you will get back all the amount you have invested. A fully detailed brochure with fund regulations and current price performance can be found under the respective funds. Xact assumes no responsibility for any errors in the information.
Xact Kapitalförvaltning AB Postadress: Gatuadress: Telefon: Styrelsens säte: Stockholm SE-106 70 Stockholm Blasieholmstorg 12 +46 8 701 40 00 Organisationsnr: 556997-8140 www.xact.se