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].

EfTEN United Property Fund earned a net profit of 170 thousand euros in May and 1,32 million euros in the first five months of 2025 (compared to 357 thousand euros in the same time last year). In May, the fund made a cash distribution to investors in the amount of 1.47 million euros, or 57-euro cents per unit. As a result, the fund's net asset value (NAV) decreased by 4,4% and was 11,02 euros per unit at the end of May. Without the distribution the NAV of EfTEN United Property Fund would have increased by 0 ...