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 2023. These dates are valid both for Finland, Sweden and Norway. 
Last assignment days and transfer days
Last assignment day
Transaction day (T)
27.12.202211.1.2023
11.1.202325.1.2023
25.1.2023
8.2.2023
8.2.202322.2.2023
22.2.2023   
8.3.2023    
8.3.2023
22.3.2023     
27.3.2023      
12.4.2023   
12.4.2023
26.4.2023      
25.4.2023     
10.5.2023    
9.5.2023      
24.5.2023      
31.5.2023      
14.6.2023      
13.6.2023
28.6.2023   
28.6.2023     
12.7.2023      
12.7.2023
26.7.2023     
26.7.2023
9.8.2023
9.8.2023  
23.8.2023    
30.8.2023    
13.9.2023     
13.9.2023   
27.9.2023
27.9.2023     
11.10.2023   
11.10.2023
25.10.2023     
25.10.2023
8.11.2023      
8.11.2023
22.11.2023
28.11.2023
13.12.2023
11.12.2023
27.12.2023
22.12.2023
10.1.2024