ANNOUNCEMENT: Fund mergers and fund regulation changes in Danske Invest funds
The mergers and fund regulation changes approved by the Financial Supervisory Authority will take effect on March 5, 2026. The mergers and the fund regulation changes do not require any action from the unit holders.
Danske Invest Fund Management Ltd is streamlining its selection of funds. The aim is to increase the average size of the managed funds by reducing the number of funds that are less interesting to customers and by merging funds with similar investment strategies. The simplification of the fund selection aims to improve the efficiency of fund management and investment operations.
On 5 January 2026, the Financial Supervisory Authority gave its approval for the implementation of the merger plans concerning a total of two mergers. Additionally, the Financial Supervisory Authority has approved the Fund Regulation changes of the acquiring funds involved in the mergers. The Fund regulation changes will come into effect on the merger date, 5 March 2026.
| MERGING FUND | ACQUIRING FUND |
| Danske Invest China Fund | Danske Invest Emerging Markets Sustainable Future Fund (New name: Danske Invest Global Emerging Markets Restricted Fund) |
| Danske Invest Liquidity Fund | Danske Invest Institutional Liquidity Fund (New name: Danske Invest Euro Short Bond Fund) |
The name of the acquiring Danske Invest Institutional Liquidity Fund will change during the merger to better reflect the fund's investment policy. The fund will henceforth be known as Danske Invest Euro Short Bond Fund. No other changes will be made to the fund regulations. New unit classes will be established in the acquiring fund for the unitholders of the merging fund, ensuring that the merger does not impact the costs of the existing unitholders.
The fund regulations and investment policy of the acquiring Danske Invest Emerging Markets Sustainable Future Fund will be updated in connection with the merger. The changes will primarily concern the fund's responsible investment characteristics. The fund will no longer have a sustainability-related investment objective; as a result, it will henceforth be classified under Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). At least 20% of the fund's investments will be required to be sustainable investments, and the fund will adhere to broader exclusion criteria than Danske Invest's usual exclusion categories. Additionally, the fund will change its name to Danske Invest Global Emerging Markets Restricted Fund.
The mergers do not require any actions from the unitholders, nor do they result in tax consequences for unitholders who are generally liable to pay tax in Finland.
If you wish, starting from 2 February 2026 you may switch all your holdings or any part of them to units in another fund managed by Danske Invest Fund Management Ltd., without having to pay any redemption or switch fees, by submitting your order no later than on 4 March 2026 before the cut-off set out in the funds’ regulations. During this period, you can also redeem the units without any redemption fee. The redemption and switch will entail the normal tax consequences for unit holders generally liable to pay tax in Finland. No orders related to the merging funds can be given after the cut-off specified above.
The risks and characteristics of the acquiring fund are specified in more detail in the fund regulations and the Key Information Document. We would like you to read the fund regulations, the Key Information Document and price list that are available at all Danske Bank branches, customer service at +358 200 2580 (local call/mobile phone charge) Mondays to Fridays from 9 am to 4 pm (EET) and at www.danskeinvest.fi starting from 2 February 2026. The mergers approved by the Financial Supervisory Authority will enter into force on 5 March 2026.
Danske Invest Fund Management Ltd.
