NEXT FUNDS Bloomberg France Bond ETF Under Supervision
Summary
TSE designated NEXT FUNDS Bloomberg France Treasury Bond (7-10 year) Index (Yen-Hedged) ETF (Code: 2246) as Securities Under Supervision (Confirmation) effective April 27, 2026. The designation was triggered because the number of beneficiary right units fell below 1,250,000 units, potentially triggering cancellation criteria under the trust agreement. If units remain below the threshold through May 28, 2026, the management company plans to amend trust terms with a June 30, 2026 expiration date, which would result in delisting on June 29, 2026. Investors and market participants holding or trading this ETF should monitor unit count recovery and be prepared for potential delisting.
“TSE has designated an issue as a Security Under Supervision (Confirmation) as follows.”
About this source
GovPing monitors Tokyo Stock Exchange for new securities & markets regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 6 changes logged to date.
What changed
TSE has designated the NEXT FUNDS Bloomberg France Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund (Code: 2246) as Securities Under Supervision (Confirmation) effective April 27, 2026. The designation was triggered when the management company announced the ETF's beneficiary right units fell below 1,250,000 units, potentially triggering cancellation criteria specified in the basic terms and conditions of the investment trust.\n\nAffected parties include investors holding units of this ETF, the ETF management company, and broker-dealers trading this security. If the unit count remains below 1,250,000 for 20 consecutive business days through May 28, 2026, the management company will amend the investment trust agreement with an expiration date of June 30, 2026, resulting in delisting on June 29, 2026. If the unit count recovers to 1,250,000 or more by May 28, 2026, the designation will be cancelled.
Archived snapshot
Apr 28, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Market News
Apr. 27, 2026 TSE Designation of Securities Under Supervision (Confirmation): NEXT FUNDS Bloomberg France Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund
Post TSE has designated an issue as a Security Under Supervision (Confirmation) as follows.
| １．Issue Name | NEXT FUNDS Bloomberg France Treasury Bond (7-10 year) Index (Yen-Hedged) Exchange Traded Fund beneficiary certificate
(Code: 2246, Product: ETF) |
| ２．Period of Designation as
Securities Under Supervision
(Confirmation) | From Apr. 27, 2026 (Mon.) to the day when TSE determines whether the ETF has fallen under the delisting criteria |
| Reason
(Related Clause) | Due to falling under cases where a decision concerning an amendment to the basic terms and conditions of the investment trust has been made, which falls under establishment of an investment trust agreement period
(Enforcement Rules for Securities Listing Regulations, Rule 1115, Paragraph 1, Item (2) ) |
| ３．Details of Reason | Today, the management company pertaining to the beneficiary certificates described in "1. Issue Name" above (hereinafter "the ETF") has announced that the number of beneficiary right units of the ETF as of today has fallen below 1,250,000 units and the ETF may fall under a reason for cancellation specified in the basic terms and conditions of the investment trust.
In addition, the management company pertaining to the ETF has announced that it decided on a policy to amend the basic terms and conditions of the investment trust such that the expiration date for the investment trust agreement becomes Jun. 30, 2026 if the number of beneficiary right units stays below 1,250,000 units during the 20 consecutive business days between today and May 28, 2026 and the ETF fall under a reason for cancellation specified in the basic terms and conditions of the investment trust.
If the amendment to the basic terms and conditions of the investment trust is made in accordance with the above decision, the ETF will be delisted on Jun. 29, 2026. As such, TSE deems it likely that the ETF will be delisted and thus has designated the ETF as Securities Under Supervision (Confirmation).
If the number of beneficiary right units of the ETF reaches 1,250,000 units or more at any time by May 28, 2026, the management company pertaining to the ETF will not terminate the investment trust agreement nor make the amendment to the basic terms and conditions of the investment trust pertaining to the termination of the investment trust agreement. As such, if the management company announces that the ETF fall under this case, TSE will cancel the designation as Securities Under Supervision (Confirmation). |
Current Designations of Securities Under Supervision & Securities to Be Delisted
Designation History of Securities Under Supervision & Securities to Be Delisted DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
Enquiry
Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services
TEL:+81-3-3666-0141(Switchboard)
News
- Market News
- News Guide
- List of Other JPX Group Websites
Related changes
Get daily alerts for Tokyo Stock Exchange
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from TSE.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when Tokyo Stock Exchange publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.