Amendments to fund regulations
Read more about the amendments to the regulations of Danske Invest Euro High Yield, Euro Corporate Bond, Sustainability Bond, Black Sea and Emerging Markets Equity.
At its meeting of 17 March 2014, the Board of Directors of Danske Invest Fund Management Ltd resolved to amend the regulations of the Danske Invest Euro High Yield, Danske Invest Euro Corporate Bond, Danske Invest Sustainability Bond, Danske Invest Black Sea and Danske Invest Emerging Markets Equity funds. The amendments to the regulations were approved by the Finnish Financial Supervisory Authority on 16 May 2014 and will enter into force on 15 October 2014.
Danske Invest Euro High Yield, Danske Invest Euro Corporate Bond and Danske Invest Sustainability Bond
In order to hedge the funds’ portfolios and to enhance portfolio management, the possibility to invest in credit default swaps will be added to the regulations of the Danske Invest Euro High Yield, Danske Invest Euro Corporate Bond and Danske Invest Sustainability Bond funds.
Danske Invest Black Sea and Danske Invest Emerging Markets Equity
In order to ensure the equal treatment of unit holders, regarding value calculation, the valuation date defined in the regulations of the Danske Invest Black Sea and Danske Invest Emerging Markets Equity funds will be moved to the morning following the value date.
In addition, updates pursuant to the UCITS IV Directive and to the amendment to the Securities Markets Act have been carried out on all the mutual funds mentioned above. The amendments to the regulations will not cause any significant changes to the funds’ return objectives or risk profiles.
Unit holders will not be required to take any action in connection with these amendments to the funds’ regulations, and there will be no effect on the value of holdings or on the funds’ investment policies.
The new regulations, which will enter into force on 15 October 2014, will be available as of 4 September 2014 at www.danskeinvest.fi, at all Danske Bank branches, or by contacting our customer service on +358 (0)200 2590 (local network charge/mobile phone charge), Monday to Friday, 9.00 am to 4.00 pm.
