Circular Letter

Circular Letter N° 235 "Launching of first ETF (Exchange Trade Funds) issued in the Local market"

Circular Letter N° 235
Circular Letter Annex Date Reference Status Download
235 Yes 08.29.2013

Launching of first ETF (Exchange Trade Funds) issued in the Local market

In Force No

DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES

 

Dear Participant,

Depósito Central de Valores (DCV) reports that as of today, August 29th, 2013, the operations of the first ETF  (Exchange-Traded Fund) issued locally are initiated, which replicates IPSA – The Santiago Stock Exchange Index (BCS) that includes the 40 shares with greatest presence in the stock market.

This instrument will be issued by Itaú Chile Administradora General de Fondos S.A. and which mnemonic code for its trading purposes will be: CFMITNIPSA.

Within its role in the securities market, DCV will provide Participants the ETF custody and settlement services under conditions equivalent to those offered for equity securities.  

The rates associated with this instrument (custody and trading) will be the same applied today to the equity instruments issued locally.


We also report that DCV Registros will be in charge of administrating the Participants Registry of this instrument.

In the event of any inquiry please contact the customer help desk, MAC, at the email This email address is being protected from spambots. You need JavaScript enabled to view it., telephone (56-2)-23939001.

Yours sincerely

DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES.

 

Fernando Yáñez González

General Manager

Santiago, August 29, 2013