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Amendment of the IND1COVR & IND1CO25 indexes rules on advisor and sub advisor fees

15

JUL
2015

SGI announces that the fee break-down between the index advisor and the index sub-advisor inside the IND1COVR and IND1CO25 Index has been amended as follows:

Since April 1st included, the fee entitled to the index advisor is changed from the range of 0.10% to 0.20% to the range of 0.05% to 0.20%.

It shall therefore be noted that this change only affects the break-down of such fee and not its total amount.