News and press releases
News
2012-12-06
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.
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.
2012-06-07
The dividend amounts have been decided
The dividend amount for XACT OMXS30, XACT OMXSB and XACT Nordic 30 have now been decided.
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 dont 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 cant 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.
2012-05-07
Dividends from XACT's funds
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 dont 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 cant 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.
2012-04-13
Announcement from Ordinary and Extraordinary General Meeting in SHB SICAV
Announcement from Ordinary and Extraordinary General Meeting in SHB SICAV.
Read more here.
2012-03-30
Notices of general meetings of the shareholders of SHB SICAV
XACT's Luxembourg-registered ETFs are issued by SHB SICAV. Attached are notices of the extraordinary general meeting and annual general meeting of the shareholders to be held on April 10th, 2012.
A shareholder has the right (but not the obligation) to attend the meetings. However, any attendance requires that the shareholder completes and hands in a proxy no later than 5 p.m. on April 5th, 2012. Shareholders desiring to attend a meeting is therefore requested to contact XACT (telephone +46 8 701 40 00, emailxact@handelsbanken.se) for further information.
2012-03-14
The dividend amounts have been decided
The dividend amount for XACT Bear, XACT Bear 2, XACT Bull and XACT Bull 2 have now been decided.
Read the press release here.
The schedule for dividends in __XACT Bear, XACT Bull, XACT Bear 2 and XACT Bull 2 __is as follows:
14 March 2012, The details of the dividends are made public
15 March 2012, Last day to trade fund units including the right to receive dividend
16 March 2012, Ex-dividend - the fund units are traded ex dividend
23 March 2012, Payment day
To receive a dividend you must own fund units when the market closes on the 15th March 2012. The last day to buy fund units and still receive a dividend is hence the 15th March. You can then sell your fund units the following day, you will still receive dividend.
If you dont wish to receive a dividend you must sell your fund units by the 15th March 2012. You can then buy fund units again the following day (16 March) 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 cant 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 number of outstanding units can change daily, a forecast cannot be done.
Press releases
2012-05-02
Options on XACT OMXS30
For the first time options will be listed on an exchange traded fund (ETF) on NASDAQ OMX Stockholm.
Starting today standardised options can be traded on the exchange traded fund XACT OMXS30. Read the press release here.
