Extra dividend in XACT F Euro and XACT F Sweden

Since the funds will be closing down and to avoid double taxation, the funds will pay an extra dividend

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The Exchange Traded Funds will be closed at year end

XACT FTSE RAFI Fundamental Euro (XACT F Euro) and XACT FTSE RAFI Fundamental Sweden (XACT F Sweden) will be closed at year end. The reason for closing is that the funds´ assets under management as well as the turnover are too small. 

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 pay an extra dividend

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;

 

 

Oct 12

The dividend amounts are announced after closing of the market at 5:30 PM

 

Oct 13

 

Last day to trade fund units including right to dividend

 

Oct 14

 

Ex dividend day - The dividend is detached and fund units are traded excluding right to dividend

Oct 21

Payment of dividend in XACT F Sweden

Oct 23

Payment of dividend in XACT F Euro

 


I will receive dividend

In order to receive dividend you must hold the fund units at the end of October 13, 2009. Last day to buy fund units, including right to receiving dividend, is accordingly October, 13. A sale of the fund units can be made the following day, without the effect on right to receiving dividend.

I will not receive dividend

If you will not receive dividend, a sale of fund unit has to be made on October 13, by the latest. The following day you can invest in the fund units again without right to receiving dividend.

On Ex-day the price will fall with the amount of the dividend

All others equal, the price of the fund units will fall with an amount corresponding to the dividend on the Ex-day.

Today's market

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Currency

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  • i Source: Millistream
  • Updated Updated 12:17, 2019-09-18
OBXEXDBULL +1.54%
XACT SMAC +1.06%
XACT BULL 2 +0.84%
OBXEXACT +0.80%
XACT BULL +0.63%
  • i Source: Handelsbanken
  • Uppdated Uppdated 12:20, 2019-09-18
OBXEXDBEAR -1.53%
XACT BEAR 2 -0.86%
XACT RAVAROR -0.75%
XACT BEAR -0.65%
XACT OBLIGATION +0.10%
  • Information Source: Handelsbanken
  • Updated Updated 12:20, 2019-09-18

Data source

This information is updated every 15th minute from Millistream. Xact does not assume any liability for errors in the information.

Data source

This information is updated every 15th minute from Handelsbanken. Xact does not assume any liability for errors in the information.