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FSA approved the amended fund rules of EfTEN United Property Fund
Globenewswireยท2025-07-23 05:00

Core Points - The Management Board of EfTEN Capital AS approved updated terms and conditions for the EfTEN United Property Fund on June 19, 2025, with the Financial Supervision Authority approving these amendments on July 20, 2025 [1][2]. Summary by Sections Investment Restrictions - The amendments clarified the wording of the Fund's investment restrictions, specifically in clause 3.11, outlining maximum restrictions on investments made through another fund and directly into real estate [2]. Principles and Fees - The amendments do not alter the Fund's investment principles, redemption principles, rights and obligations related to units, or the list of fees and expenses paid on behalf of the Fund, nor do they change the calculation procedures or limits [3]. Implementation Date - The updated fund rules will take effect one month after publication, specifically on August 23, 2025 [4].