Nordea Closes Publication for Finnish Equity Fund
OREANDA-NEWS. June 12, 2009. As part of a continued review of the product range, the Board of Directors of Nordea 1, SICAV (the “Company”) would like to inform the shareholders of the Sub-fund “Nordea 1 – Finnish Equity Fund” of its decision to terminate the Sub-fund “Nordea 1 – Finnish Equity Fund” as per 18 June 2009 in accordance with chapter “Dissolution and Merger” of the Prospectus, considering that the Sub-Fund is no longer economically viable due to its low assets under management, and that it is in the best interest of the shareholders to close the Sub-fund, reported the press-centre of Nordea.
Any amount not claimed by any Shareholder will be deposited at the close of the liquidation with the Custodian Bank, Nordea Bank S.A. at 562, rue de Neudorf, L-2220 Luxembourg, Grand Duchy of Luxembourg.
Within a period of 9 months after the decision to liquidate the Sub-fund, any outstanding amount will be deposited in escrow with the Caisse de Consignation in Luxembourg.
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