TOPIX

Daiwa ETF TOPIX Application flow for Creation & Redemption (other ETFs are available on the Japanese website)

  T-3 Days T-2 Days T-1 Days T Days T+1 Days
Application period for creation
  **Settlement
Application for creation *Basket indication day   Fixing number of units
Investors expression of Interest   Acceptance of creation application
Redemption Request Period for exchange request
   
  Investors expression of Interest   Fixing the basket,fixing number of stocks to be delivered
Provisional basket indication day Acceptance of redemption request

*The basket will not be indicated in case creation/redemption request acceptance counter is closed.

**Settlement day = Units will be entitled for unitholders on this day.

Daiwa ETF TOPIX Application for Creation / Redemption basket data links (other ETFs are available on the Japanese website)

August 27, Application for creation / redemption. August 28, Settlement date

Creation basket ( 1,000,000 units)
Basket indication day August 22, 2019
Number of issues 1,286
Total number of stocks 839,400
Creation basket ( 5,000,000 units)
Basket indication day August 22, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Creation basket ( 10,000,000 units)
Basket indication day August 22, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Redemption basket ( 1,000,000 units)
Basket indication day August 22, 2019
Number of issues 1,286
Total number of stocks 839,400
Number of units to be redeemed 1,000,000
Redemption basket ( 5,000,000 units)
Basket indication day August 22, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Number of units to be redeemed 5,000,000
Redemption basket ( 10,000,000 units)
Basket indication day August 22, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Number of units to be redeemed 10,000,000
If the creation basket includes securities which shall be substituted by cash, "C" is marked on the column of those securities.
The basket quoted on indication day (T-3Days) is for 1 unit of application and calculated for the purpose of reference only. Until the day of acceptance of redemption requests, fluctuations in stock prices and the number of redemption requests received may impact the real exchange basket which could vary from the basket indicated above for reference. Redemption basket will be finalized on the day of application (T Day)

August 26, Application for creation / redemption. August 27, Settlement date

Creation basket ( 1,000,000 units)
Basket indication day August 21, 2019
Number of issues 1,286
Total number of stocks 839,400
Creation basket ( 5,000,000 units)
Basket indication day August 21, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Creation basket ( 10,000,000 units)
Basket indication day August 21, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Redemption basket ( 1,000,000 units)
Basket indication day August 21, 2019
Number of issues 1,286
Total number of stocks 839,400
Number of units to be redeemed 1,000,000
Redemption basket ( 5,000,000 units)
Basket indication day August 21, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Number of units to be redeemed 5,000,000
Redemption basket ( 10,000,000 units)
Basket indication day August 21, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Number of units to be redeemed 10,000,000
If the creation basket includes securities which shall be substituted by cash, "C" is marked on the column of those securities.
The basket quoted on indication day (T-3Days) is for 1 unit of application and calculated for the purpose of reference only. Until the day of acceptance of redemption requests, fluctuations in stock prices and the number of redemption requests received may impact the real exchange basket which could vary from the basket indicated above for reference. Redemption basket will be finalized on the day of application (T Day)

August 23, Application for creation / redemption. August 26, Settlement date

Creation basket ( 1,000,000 units)
Basket indication day August 20, 2019
Number of issues 1,286
Total number of stocks 839,400
Creation basket ( 5,000,000 units)
Basket indication day August 20, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Creation basket ( 10,000,000 units)
Basket indication day August 20, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Redemption basket ( 1,000,000 units)
Basket indication day August 20, 2019
Number of issues 1,286
Total number of stocks 839,400
Number of units to be redeemed 1,000,000
Redemption basket ( 5,000,000 units)
Basket indication day August 20, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Number of units to be redeemed 5,000,000
Redemption basket ( 10,000,000 units)
Basket indication day August 20, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Number of units to be redeemed 10,000,000
If the creation basket includes securities which shall be substituted by cash, "C" is marked on the column of those securities.
The basket quoted on indication day (T-3Days) is for 1 unit of application and calculated for the purpose of reference only. Until the day of acceptance of redemption requests, fluctuations in stock prices and the number of redemption requests received may impact the real exchange basket which could vary from the basket indicated above for reference. Redemption basket will be finalized on the day of application (T Day)

August 22, Application for creation / redemption. August 23, Settlement date

Creation basket ( 1,000,000 units)
Basket indication day August 19, 2019
Number of issues 1,286
Total number of stocks 839,400
Creation basket ( 5,000,000 units)
Basket indication day August 19, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Creation basket ( 10,000,000 units)
Basket indication day August 19, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Redemption basket ( 1,000,000 units)
Basket indication day August 19, 2019
Number of issues 1,286
Total number of stocks 839,400
Number of units to be redeemed 1,000,000
Redemption basket ( 5,000,000 units)
Basket indication day August 19, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Number of units to be redeemed 5,000,000
Redemption basket ( 10,000,000 units)
Basket indication day August 19, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Number of units to be redeemed 10,000,000
If the creation basket includes securities which shall be substituted by cash, "C" is marked on the column of those securities.
The basket quoted on indication day (T-3Days) is for 1 unit of application and calculated for the purpose of reference only. Until the day of acceptance of redemption requests, fluctuations in stock prices and the number of redemption requests received may impact the real exchange basket which could vary from the basket indicated above for reference. Redemption basket will be finalized on the day of application (T Day)

August 21, Application for creation / redemption. August 22, Settlement date

Creation basket ( 1,000,000 units)
Basket indication day August 16, 2019
Number of issues 1,286
Total number of stocks 839,400
Creation basket ( 5,000,000 units)
Basket indication day August 16, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Creation basket ( 10,000,000 units)
Basket indication day August 16, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Redemption basket ( 1,000,000 units)
Basket indication day August 16, 2019
Number of issues 1,286
Total number of stocks 839,400
Number of units to be redeemed 1,000,000
Redemption basket ( 5,000,000 units)
Basket indication day August 16, 2019
Number of issues 2,064
Total number of stocks 4,241,000
Number of units to be redeemed 5,000,000
Redemption basket ( 10,000,000 units)
Basket indication day August 16, 2019
Number of issues 2,136
Total number of stocks 8,482,300
Number of units to be redeemed 10,000,000
If the creation basket includes securities which shall be substituted by cash, "C" is marked on the column of those securities.
The basket quoted on indication day (T-3Days) is for 1 unit of application and calculated for the purpose of reference only. Until the day of acceptance of redemption requests, fluctuations in stock prices and the number of redemption requests received may impact the real exchange basket which could vary from the basket indicated above for reference. Redemption basket will be finalized on the day of application (T Day)

Daiwa ETF TOPIX Calendar for Creation / Redemption

  • Non-acceptance days of application for Creation (C)
  • Non-acceptance days of request for Redemption(R)
  • Acceptance days of application for creation Mixed with cash (M)
    (Some of the securities in the creation basket shall be substituted by cash)
  • Ex-dividend or ex-rights securities' portion in the creation basket shall be substituted by cash, equivalent to the market value. Please refer to disclosed basket data links for the specific name of the securities.
  • For unmarked business days of the calendar, application for creation with all-securities basket / request for redemption will be accepted.

August

Sun Mon Tue Wed Thu Fri Sat
1
2
3
4
5
6
7
8
9
10
11
12
13
  • (M)
14
15
16
17
18
19
  • (M)
20
21
22
23
24
25
26
27
28
29
  • (C)
30
31
Sun Mon Tue Wed Thu Fri Sat
1
2
3
4
5
6
7
8
9
10
11
12
  • (M)
13
14
15
16
17
18
19
  • (C)
20
21
22
23
24
25
26
27
  • (C)
28
29
30

Daiwa ETF TOPIX Application Units(Creation / Redemption) (other ETFs are available on the Japanese website)

Application units

Creation
Subscribers may apply for new units with integer multiples of a basket at the time of application for creation.

*Application basket: The management company designates it as a standard unit of specified stocks composing TOPIX with a certain proportion equivalent to the ratio of its composition in TOPIX.



Redemption
When unitholders request to redeem ETF certificates to the distributor, such unitholders shall provide certain integer multiple of the number of units specified by the management company. This shall be performed in a predetermined manner of the distributer.

Cash redemption
Unitholders can not claim for any cash redemption of ETF to the management company during the trust period.

Unit price

Creation / Redemption
NAV on the day of application accepted (T Day)

Trading on exchange
Trading price at exchange

Application time deadline

3 P.M.(Please confirm the procedures with each distributor)

Daiwa ETF TOPIX Distributing Companies (other ETFs are available on the Japanese website)

  • JPMorgan Securities
  • Daiwa Securities
  • Credit Suisse Securities
  • Citi Group Global Markets Japan
  • Deutsche Securities
  • Mizuho Securities
  • Merrill Lynch Japan Securities
  • UBS Securities Japan
  • SMBC Nikko Securities
  • ABN AMRO Clearing Securities
  • Goldman Sachs Securities
  • Societe Generale Securities
  • Nomura Securities
  • BNP Paribas Securities
  • Mitsubishi UFJ Morgan Stanley Securities
  • Morgan Stanley MUFG Securities