Nordea European Smaller Companies Fund

Exceptional procedure in subscription and redemption

The same procedure in use in Finland and Sweden – different cut-off times
Units in the fund can be subscribed for and redeemed twice a calendar month. Subscriptions and redemption assignments are executed on the second and fourth Wednesday of each calendar month (transaction date). If this a non-banking day in Finland the transaction day will be following banking day.

Assignments must be given at the latest two weeks ie. ten (10) banking days before the said transaction date (T) in such a way that the assignment is received and registered at the Fund Company on the last transaction date before 16.30 Finnish time or before 15.30 Swedish time. 

The execution of the assignments given on the last transaction day at or after 16.30 Finnish time or 15.30 Swedish time will be postponed by one transaction day and will be executed four weeks later.

Assignments received before the cut-off time will be executed on the transaction date. 

Cut-off time                          
Transfer of proceeds to/from account
T-10, 16.30 Finnish time
T-10, 15.30 Swedish time
T+2
T+2

The table lists the transactions days and the corresponding last assignment days until the end of 2016. These dates are valid for both Finland and Sweden.

Last assignment day          
Transaction day (T)         

9.12.2015 
23.12.2015                                      
28.12.2015 
13.1.2016 
13.1.201627.1.2016
27.1.2016 
10.2.2016
10.2.201624.2.20016
24.2.20169.3.2016
9.3.201623.3.2015
30.3.201613.4.2016
13.4.201627.4.2016
26.4.201611.5.2016
11.5.201625.5.2016
25.5.20168.6.2016
8.6.201622.6.2016
29.6.201613.7.2016
13.7.201627.7.2016
27.7.201610.8.2016
10.8.201624.8.2016
31.8.201614.9.2016
14.9.201628.9.2016
28.9.201612.10.2016
12.10.201626.10.2016
26.10.20169.11.2016
9.11.201623.11.2016
30.11.201614.12.2016
13.12.201628.12.2016