News

Closure of Xact Europe Bull and Xact Europe Bear

The Exchange Traded Funds Xact Europe Bull and Xact Europe Bear will be closed. February 25, 2013 is the last day to trade fund units on the stock exchange.

Read more

For fund holders who have not sold its fund units on this date by the latest, the fund units will be redeemed and payment will be made to the fund holders’ cash account as soon as the custodian (Skandinaviska Enskilda Banken) has liquidated the funds.

Until February 25, 2013 trading in fund units will take place as usual; purchase and sale is made on the stock exchange through your broker or bank. 

The dividend amounts have been decided

The dividend amount for XACT OMXS30, XACT OMXSB and XACT Nordic 30 have now been decided.

Read more
Fund Currency Dividend per fund unit Total number of fund units  Total dividend
XACT OMXS30 SEK 1,64 82 600 000 135 464 000
XACT OMXSB SEK 14,43 5 475 000 79 004 250
XACT Nordic 30 EUR 0,06 51 850 000 3 111 000

 

The schedule for dividends in XACT OMXS30, XACT OMXSB and XACT Nordic 30 is as follows:

7 June 2012, The details of the dividends are made public

8 June 2012, Last day to trade fund units including the right to receive dividend

11 June 2012, Ex-dividend - the fund units are traded ex dividend

18 June 2012, Payment day in SEK

20 June 2012 Payment day in EUR

To receive a dividend you must own fund units when the market closes on the 8th June 2012. The last day to buy fund units and still receive a dividend is hence the 8th June. You can then sell your fund units the following day, you will still receive dividend.

If you don't wish to receive a dividend you must sell your fund units by the 8th June 2012. You can then buy fund units again the following day without receiving a dividend.

Why do the funds pay dividends?
As most other Swedish funds, the funds pay a dividend to avoid double taxation.

What happens on the ex day?
All else being equal, the price of a fund unit will decrease with the exact same amount as the dividend per fund unit.

Why can't you provide a dividend forecast?
The size of the dividend is decided by the funds taxable result. The dividend is split between the numbers of outstanding units. Since the funds size, i.e. the number of fund units, that the dividend will be split between will change daily, a forecast cannot be done. 

Dividends from XACT's funds

The schedule for dividends in XACT OMXS30, XACT OMXSB and XACT Nordic 30 is as follows:

Read more

7 June 2012, The details of the dividends are made public

8 June 2012, Last day to trade fund units including the right to receive dividend

11 June 2012, Ex-dividend - the fund units are traded ex dividend

18 June 2012, Payment day in SEK

20 June 2012 Payment day in EUR

To receive a dividend you must own fund units when the market closes on the 8th June 2012. The last day to buy fund units and still receive a dividend is hence the 8th June. You can then sell your fund units the following day, you will still receive dividend.

If you don't wish to receive a dividend you must sell your fund units by the 8th June 2012. You can then buy fund units again the following day without receiving a dividend.

Why do the funds pay dividends?
As most other Swedish funds, the funds pay a dividend to avoid double taxation.

What happens on the ex day?
All else being equal, the price of a fund unit will decrease with the exact same amount as the dividend per fund unit.

Why can't you provide a dividend forecast?
The size of the dividend is decided by the funds taxable result. The dividend is split between the numbers of outstanding units. Since the funds size, i.e. the number of fund units, that the dividend will be split between will change daily, a forecast cannot be done.  

Options on XACT OMXS30

For the first time options will be listed on an exchange traded fund (ETF) on NASDAQ OMX Stockholm.

Read more

Starting today standardised options can be traded on the exchange traded fund XACT OMXS30. Read the press release here.

Announcement from Ordinary and Extraordinary General Meeting in SHB SICAV

Announcement from Ordinary and Extraordinary General Meeting in SHB SICAV.

Read more

Read more here.

More news

Today's market

OMXS30GI 0.00%
OBX -1.37%
Energy 0.00%
Industrials 0.00%

Currency

USD/SEK (8.13) -0.17%
EUR/SEK (9.53) -0.11%
  • i Source: Millistream
  • Updated Updated 16:25, 2017-08-18
  • i Source: Handelsbanken
  • Uppdated Uppdated 08:45, 2017-08-18
  • Information Source: Handelsbanken
  • Updated Updated 08:45, 2017-08-18

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.