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The funds have a leverage of two, which means a daily increase in XACT Europe Bull 2 with approximately two percent if the index increases with one percent. XACT Europe Bear 2, which has an inverse or negative leverage, moves in the opposite direction to the index, with a factor of two. The funds are traded on NASDAQ OMX in SEK and are the only of its kind in Sweden.  The management fee is 0.6%. Handelsbanken, Carnegie and Erik Penser will act as market makers for the funds. 

"XACT Fonder was the first ETF provider in the world to launch leveraged exchange traded funds and today we have a total of eight Bull and Bear funds", says Henrik Norén, Managing Director of XACT Fonder. "We see a strong demand for these types of products which is why we consider it a natural step to also offer European exposure in our Bull and Bear family."

"The Dow Jones EURO STOXX 50 Index remains the preferred underlying for exchange traded products as it offers liquid exposure to Europe´s leading blue-ship companies in a single vehicle," said Ricardo Manrique, chief executive officer, STOXX Ltd. "The index is a logical choice to expand XACT´s lineup of leveraged ETFs".

XACT´s leveraged ETFs are often among the most traded shares on NASDAQ OMX, Oslo Børs and Burgundy. As the leading provider of ETFs on the Nordic market, XACT Fonder currently offers 14 Exchange Traded Funds on the Stockholm Stock Exchange and Oslo Børs.    

For further information please contact: 
Henrik Norén, CEO XACT Fonder AB, + 46 8 701 1222

December 14, 2009 is the last day to trade fund units on the stock exchange in XACT F Euro and December 17, 2009 is the last day to trade fund units in XACT F Sweden on the stock exchange. For fund holders who have not sold its fund units on these dates by the latest, the fund units will be redeemed and payment will be made to the fund holders' cash account around January 7 and January 11, 2010 respectively.

Until December 14 and December 17, 2009 respectively, trading in fund units will take place as usual; purchase and sale is made on the stock exchange through your broker or bank.

The Exchange Traded Funds have a leverage of 2, which means a daily increase in value in XACT Bull 2 of approximately 2% when index increases with 1%. XACT Bear 2, which has a negative or inverse exposure, returns twice the daily inverse of the index return.

"XACT Fonder was the first ETF company in the world to launch leveraged ETFs, the well-known XACT Bull and XACT Bear. The funds, which track the performance of the Stockholm Stock Exchange with a leverage of 1.5, are often among the most traded shares on Burgundy and NASDAQ OMX. These funds are XACT Fonder´s most popular ETFs which is why it is now logical to increase our offer of leveraged Exchange Traded Funds", says Henrik Norén Managing Director of XACT Fonder.  

The Management Fee is 0.6 % p.a. Handelsbanken, Carnegie and Nordea will act as market makers for the funds. 

As the leading ETF Company in the Nordic region, XACT Fonder currently offers 12 Exchange Traded Funds on NASDAQ OMX and Oslo Stock Exchange. 

For further information, please contact: 
Henrik Norén, Managing Director XACT Fonder AB, + 46 8 701 1222

The dividend amounts in XACT F Euro and XACT F Sweden will be; 

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;

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.