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Nordic Factoring Fund AB (publ) changes the possibility of early redemption from calendar year to calendar year quarter

There has been a request for more frequent opportunity for early redemption than once a year.

If we compare with international funds that invest in the asset class “factoring”, the majority have quarterly trading for their investors. Furthermore, there are asset managers and institutions that believe that quarterly trading makes the fund more attractive to invest in.

Against this background, the board of the fund has decided to change redemption prematurely to the calendar year quarter. In connection with the change to redemption at the Calendar Quarter, a repurchase fee will be introduced during the first investment year. The updated general terms and conditions on 4.9–4.13 regarding early redemption can be read in the press release that we published today.

Press release on Cision

 

 

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Emma Westerberg

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