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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 timeTransfer 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 2018. These dates are valid for both Finland and Sweden.
Last assignment dayTransaction day (T)
22.12.201710.01.2018
10.01.2018 
24.01.2018 
31.01.2018 
14.02.2018 
14.02.2018 
28.02.2018 
28.02.2018 
14.03.2018 
14.03.2018 
28.03.2018 
26.03.2018 
11.04.2018 
11.04.2018 
25.04.2018 

24.04.2018

09.05.2018 
08.05.2018 
23.05.2018 
30.05.2018 
13.06.2018 
12.06.2018 
27.06.2018 
27.06.2018 
11.07.2018 

11.07.2018

25.07.2018 
25.07.2018 
08.08.2018 
08.08.2018 
22.08.2018 
29.08.2018 
12.09.2018 
12.09.2018 
26.09.2018 

26.09.2018

10.10.2018 

10.10.2018

24.10.2018 

31.10.2018

14.11.2018

14.11.2018

28.11.2018

27.11.2018

12.12.2018

10.12.2018

27.12.2018