OREANDA-NEWS. December 09, 2014. Nordea made Nordea exchange transactions of Luxembourg investment funds more affordable for the customer.

Until now, the exchange transaction fee was EUR 3.20plus up to 1% of the transaction volume, but from 27.11.2014, the exchange fee is EUR 3.20.

The decision to enable exchange transactions on the basis of net asset value is based on the desire to encourage customers to regularly adjust their investment portfolio according to their goals and risk tolerance. It is well-known that different asset classes behave differently and therefore, the proportions fixed at a certain time may shift over time due to market developments. In order to adjust it, it is worth-while to rebalance the portfolio through exchange transactions at least once a year.