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Danske Invest - Fund mergers

Unit-holders are not required to take any action in connection with these amendments, and the amendments will not give rise to any tax consequences for unit-holders liable to tax in Finland.

Danske Invest Fund Management Ltd seeks to streamline its selection of funds registered in Finland. Involving the following funds, the mergers and amended regulations approved by the Financial Supervisory Authority will enter into force on 26 October 2018.
 
 

MERGING FUND ACQUIRING FUND
Danske Invest Baltic Equity Fund Danske Invest Eastern Europe Convergence Fund
Danske Invest Black Sea Fund
Danske Invest Trans-Balkan Fund (AIF)
Danske Invest US Small Cap Value Fund Danske Invest North America Equity Fund
Danske Invest Emerging Asia Fund Danske Emerging Markets Equity Fund
Danske Invest Money Market Fund Danske Invest Institutional Liquidity Fund
 
 
Danske Invest’s intention is to increase the average size of the funds by decreasing the number of funds that customers have shown less interest in. The aim is to improve efficiency both in administration and in portfolio management.

Unit holders are not required to take any action in connection with these amendments, and the amendments will not give rise to any tax consequences for unit holders liable to tax in Finland.
 
The regulations of the acquiring funds will undergo technical amendments at the merger due to UCITS IV, UCITS V and AIFMD.
 
The holders of units in the fund are entitled to redeem or switch their units free of charge until 1 pm (EEST) on Thursday, 25 October 2018. The redemption and switch will entail the normal tax consequences. No orders related to the merging funds can be given after 1 pm (EEST) on Thursday, 25 October 2018. The acquiring funds are open for normal orders. After the implementation of the merger, the fees of the acquiring fund will apply.
 
Danske Invest Fund Management Ltd will inform unit holders about the amended regulations by mail and on its website at www.danskeinvest.fi.
 
The risks and characteristics of the acquiring funds are specified in detail in their regulations and the key investor information document. Please read the regulations, the key investor information documents and price list that are available at all Danske Bank and Danske Bank Private Banking branches, from our customer service, phone +358 200 2580 (local call/mobile phone charge) Mondays to Fridays from 8 am to 8 pm and at www.danskeinvest.fi starting from 10 September 2018.
 
 
 
Danske Invest Fund Management Ltd
Board of Directors

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