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XACT VINX30 changes name to XACT Nordic 30

Stockholm November 29, 2007 Press-release XACT VINX30 changes name to XACT Nordic 30

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As per December 1, 2007 the Exchange Traded Fund XACT VINX30 changes name to XACT Nordic 30. The ISIN-code of the fund will remain the same. The reason for the change of the name is to clarify the exposure of the fund. XACT Nordic 30 is an Exchange Traded Fund tracking the VINX30 index. The fund offers a cost-effective investment representing the performance of the 30 most traded stocks on the Nordic Stock Exchanges. XACT Nordic 30 is the only Exchange Traded Fund in the world that offers exposure to the Nordic region. The performance of the fund since its start on May 4, 2006, has been 12.8 %. The well diversified Nordic exposure offered from the fund has shown better performance than the Stockholm Stock Exchange* which, for the corresponding period, has performed with 3.8 per cent. Exchange Traded Funds are mainly characterised by low management fees and the possibility of intraday-trading. Hence investments in Exchange Traded Funds suit investors having a short term investment view as well as a long term view.

Dividend payments June 2007

Dividend announcement in XACT OMXS30, XACT OMXSB, XACT VINX30, XACT F Sweden, XACT F Euro – June 2007

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Fund Currency Dividend per share Shares outstanding Total dividends
Xact OMXS30 SEK 2,830 32950000 93248500
Xact OMXSB SEK 10,250 24325000 249331250
Xact VINX30 EUR 0,140 5000000 700000
XACT FTSE RAFI Fundamental Euro EUR 0,570 1600000 912000
XACT FTSE RAFI Fundamental Sweden SEK 0,840 64350000 54054000

Dividends will be paid according to the following schedule: June 11, 2007 - The dividend amount per fund unit is announced on www.xact.se after the closing of the market 17:30. June 12 - Last day to trade fund units including dividend. June 13 - Ex-dividend date. June 15 - Record date. June 20 - Payment date. The market for issuing and redeeming fund units in XACT OMXS30, XACT OMXSB, XACT VINX30, XACT FTSE RAFI Fundamental Sweden, and XACT FTSE RAFI Fundamental Euro is closed from June 12 to June 15.

Dividend in XACT OMXS30, XACT OMXSB, XACT VINX30, XACT F Sweden, XACT F Euro

Dividends in XACT OMXS30, XACT OMXSB, XACT VINX30, XACT F Sweden, and XACT F Euro will be paid according to the following schedules:

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June 11, 2007 - The dividend amount per fund unit is announced on www.xact.se after the closing of the market 17:30. June 12 - Last day to trade fund units including dividend. June 13 - Ex-dividend date. June 15 - Record date. June 20 - Payment date. The market for issuing and redeeming fund units in XACT OMXS30, XACT OMXSB, XACT VINX30, XACT F Sweden, and XACT F Euro is closed from June 12 to June 15.

Reinvestment of cash in XACT F Euro

Due to received dividends XACT Fonder has decided to reinvest some cash into the XACT F Euro portfolio.

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This morning file shows a cash component of 39 401 EUR per Block. We plan to reinvest approx. 26 720 EUR per block at close tonight. Exact number of constituent shares per block are available on request.

New fundamental index fund listed in Stockholm

Press release Stockholm, 26 March 2007 New fundamental index fund listed in Stockholm

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Tomorrow, XACT’s ninth ETF (Exchange Traded Fund) will be listed on the Stockholm stock exchange: XACT F Sweden – an index fund based on the companies’ fundamental key ratios. “This fund will be very attractive to private and institutional investors alike, due to its opportunities for strong returns, broad risk diversification and low fee of 0.5%," says Dag Tjernsmo, chief executive of XACT Fonder. In the US, fundamental-weighted indices have attracted great interest, as they have been found to give better returns than capital-weighted indices. In Sweden, the return on the fundamental-weighted index has been 10.5 percentage points higher than that of the broad capital-weighted OMXSB Index (over the period 31 Dec 1999 to 31 Dec 2006). "For those benchmarked against traditional indices, XACT F Sweden will be a highly attractive investment opportunity. In addition, given the public debate on high fund management fees, we are pleased to be able to offer this fund at the same favourable terms to both private and institutional investors," says Dag Tjernsmo. In the calculation of the index, stocks’ key ratios form the basis of index weightings, rather than market capitalisation, which is used for most other indices. In simple terms, it can be said that an undesired effect of capital-weighted indices is that they overweight in overpriced stocks and underweight in underpriced stocks. To avoid this effect, it is necessary to weight stocks according to criteria other than market capitalisation. The fundamental method solves this by using fundamental factors (e.g. sales, cash flow, dividends and shareholders’ equity) as the basis for index weightings. This is a concept that has been tested against capital-weighted indices in the 23 countries which make up the FTSE Developed World Index, and it has created added value in all these countries. This concept is very important in theoretical and practical terms – it is the most significant investment concept I have ever seen," says Rob Arnott, chairman of Research Affiliates and the originator of fundamental indexing. For further information, please contact: Dag Tjernsmo, CEO, XACT Fonder AB, Tel. +46 8 701 3756 Henrik Norén, XACT Fonder AB, Tel. +46 8 701 1222 #smallText#XACT Fonder was founded in 2000 and is now the Nordic market leader in exchange-traded funds. In 2000, XACT launched the first exchange-traded fund in the Nordic region. As of 20 February 2007, there are six XACT funds listed on the Stockholm stock exchange, one on the Oslo stock exchange and one on the Helsinki stock exchange. XACT funds are offered by XACT Fonder in Sweden, Handelsbanken Fondförvaltning in Norway and Handelsbanken Fondbolag in Finland. Total assets under management in XACT Fonder amount to over SEK 20bn. The fund management company is a subsidiary of Handelsbanken, one of Sweden’s leading players in the field of asset management. A fund’s historical return is no guarantee of future return. Investments made in a fund can rise or fall in value and it is not certain that you will get back all of the capital you have invested. "FTSE®" is a trade mark jointly owned by the London Stock Exchange Plc and the Financial Times Limited and is used by the FTSE International Limited under Licence. “Research Affiliates", “RAFI" and “Fundamental Index" are trade marks of Research Affiliates LLC (“RA"). The FTSE Research Affiliates are calculated by FTSE International Limited ("FTSE®") in conjunction with Research Affiliates LLC (“RA"). Neither FTSE nor RA sponsors, endorses or promotes this product and are not in any way connected to it and do not accept any responsibility in relation to this issue, operation and trading. All copyright in the index values and constituent lists vests in FTSE. All rights in and to the RA fundamental indexing methodology used in calculation of the FTSE Research Affiliates Fundamental Indexes vest in RA. XACT Fonder AB has obtained full licence from FTSE to use such copyright in the creation of this product. Patent pending. Publ. Nos. US-2005-0171884-A1, US-2006-0015433-A1 and WO 2005/076812. #endSmallText#

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  • i Source: Millistream
  • Updated Updated 16:33, 2017-12-14
  • i Source: Handelsbanken
  • Uppdated Uppdated 07:16, 2017-12-14
  • Information Source: Handelsbanken
  • Updated Updated 07:16, 2017-12-14

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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.