IMI (LON:IMI) has said updated fund supplements will be made available to include an additional disclosure on the use of increased diversification limits available under Regulation 71(2) of the UCITS Regulations.
The disclosure relates to the ability to hold a position of up to 35% of the Fund’s Net Asset Value in constituents of the Index issued by the same body, where the issuer represents an unusually large portion of the market measured by the relevant Index.
The update applies to the following funds:
- State Street SPDR S&P U.S. Consumer Staples Select Sector UCITS ETF
- State Street SPDR S&P Europe Defense Vision UCITS ETF
The company said the fund supplements will be updated to reflect this additional disclosure.
