Amendments to the regulations of Danske Invest mutual funds
Read more about the amendments to the regulations of Danske Invest non-UCITS funds
The Board of Directors of Danske Invest Fund Management Ltd resolved on 22 May 2015 to amend the regulations of the non-UCITS / alternative investment funds (AIF) Danske Invest Commodity Fund, Eliksir Fund of Hedge Funds, Danske Invest Emerging Markets Debt Fund, Danske Invest Europe Enhanced Index Fund, Danske Invest Finland Opportunities, Danske Invest Gold Fund, Danske Invest High Yield Fund, Danske Invest North America Enhanced Index Fund, and Danske Invest Trans-Balkan Fund. The amended regulations were delivered to the Financial Supervisory Authority for information purposes on 3 June 2015, and will enter into force on 6 August 2015.
Technical amendments related to mutual fund regulation have been made in the funds’ regulations. Eliksir Fund of Hedge Funds (non-UCITS) will also be renamed Danske Invest Eliksir Fund of Hedge Funds (AIF). In the regulations of the Danske Invest Trans-Balkan Fund (non-UCITS/AIF) the possibility of using derivatives will be limited by removing the delta limits. The funds’ risk profiles will not be altered as a result of these amendments to the regulations. The recommended investment periods in the funds will remain unchanged.
Unit-holders are not required to take any action in connection with these amendments, and the amendments will not give rise to any costs or tax consequences for unit-holders.
Information regarding these amendments will also be provided to unit-holders through newspaper advertisements to be published in Helsingin Sanomat and in Hufvudstadsbladet on 2 July 2015.
The new regulations, which will enter into force on 6 August 2015, will be available as of 2 July 2015 at www.danskeinvest.fi, and from Danske Bank’s branches and our Customer Service by calling +358 (0)200 2590 Mon-Fri 9.00 am – 4.00 pm (local network charge/mobile phone charge).
