Nordea European Smaller Companies Fund

Exceptional procedure in subscription and redemption

The same procedure in use in Finland, Sweden and Norway – 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 in Finland or before 15.30 Swedish time in Sweden, whereas in Norway, before 10.00 Norwegian time.

The execution of the assignments given on the last transaction day at or after 16.30 Finnish time or 15.30 Swedish time or 10.00 Norwegian 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 and transfer of proceeds
Cut-off timeTransfer of proceeds to/from account
T-10, 16.30 Finnish time 
T-10, 15.30 Swedish time
T-10, 10.00 Norwegian time


T+2
T+2
T+2

The table lists the transactions days and the corresponding last assignment days until the end of 2021. These dates are valid both for Finland, Sweden and Norway. 
Last assignment days and transfer days
Last assignment dayTransaction day (T)
09.12.202023.12.2020
28.12.202013.01.2021
13.01.2021    
27.01.2021    
27.01.2021    
10.02.2021    
10.02.2021    
24.02.2021    
24.02.2021    
10.03.2021    
10.03.2021    
24.03.2021    
29.03.2021    
14.04.2021    
14.04.2021    
28.04.2021    

28.04.2021

12.05.2021    
11.05.2021    
26.05.2021    
26.05.2021    
09.06.2021    
09.06.2021    
23.06.2021    
30.06.2021    
14.07.2021    

14.07.2021

28.07.2021    
28.07.2021    
11.08.2021    
11.08.2021   
25.08.2021    
25.08.2021    
08.09.2021    
08.09.2021    
22.09.2021    

29.09.2021

13.10.2021    

13.10.2021

27.10.2021    

27.10.2021

10.11.2021

10.11.2021

24.11.2021

23.11.2021

08.12.2021

08.12.2021

22.12.2021

28.12.2021

12.01.2022

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