Information regarding HQ's exchange traded funds (ETFs)

- HQ Verkstad ETF, HQ Material ETF, HQ Finans ETF and HQ Fastighet ETF are being traded on the stock market. These funds have no receivables with HQ Bank. 

- HQ OMX Double Long ETF, HQ OMX Double Short ETF have had neutral exposure since close on Monday, August 30. This means that the mechanism that causes these funds to change in value at twice the pace of the stock market trend has been eliminated and no longer affects the funds' value. This action has been taken to protect the unit holders from stock market movements, and the Swedish Financial Supervisory Authority (FI) has been informed of the measures. The Double Long and Double Short funds are not being traded until these funds gain control of their receivables at HQ Bank, which is in liquidation. The size of receivables at HQ Bank amounts to approximately SEK 16 and SEK 10 per unit respectively. The unit values, assuming full payment of the receivables, were at close on Monday, August 30, SEK 123.65 and SEK 67.34 respectively. 

- HQ NASDAQ 100 ETF. This fund has continued exposure towards the NASDAQ 100 index. The fund is not being traded until it gains control of its receivables at HQ Bank, which is in liquidation. The size of the receivables is approximately USD 1.2 of the unit value of the fund, which, assuming full payment of the receivables, was USD 7.07 per August 30. 

- The fund company will not charge any management fee during the period that trade is not possible. 

Please address questions to HQ Fonder +46 8 696 1673 or +46 8 696 1741 

HQ Fonder, Box 7828, SE-103 97 Stockholm, Sweden
www.hqfonder.se | www.hq.se

Tags: