Finansinspektionen (the Swedish financial services authority) has approved XACT AB request to change the fund regulations for the following exchange traded funds:

The reason for the changes is new terminology in "lagen om investeringsfonder" (law regarding investment funds) and new regulations (FFFS 2008:11).

 

Finansinspektionen (the Swedish financial services authority) has also approved changes in the fund regulations for the exchange traded funds XACT Bull and XACT Bear. The change enables the funds to invest up to 100 percent of their assets in money market instruments that have been issued or guaranteed by the Swedish government.