As a general rule, you can subscribe for, switch and redeem units in our funds on all banking days by contacting Sampo Bank’s web bank, your Sampo Bank branch, or Sampo Bank’s telephone service.
If you place a fund order on a banking day before 1 p.m., the order will be executed at the fund unit value calculated for the same banking day. In the case of a redemption transaction, you will receive the cash payment in your Sampo Bank account normally during the following banking day.
If you place a fund order on a banking day after 1 p.m. or at another time, the order will be executed at the fund unit value calculated for the following banking day. In the case of a redemption transaction, you will receive the cash payment in your Sampo Bank account normally on the banking day following the date of executing the order.
If the assets for the redemption have to be acquired by selling investments, the sale must take place without undue delay and no later than two weeks from when the redemption was demanded of the fund management company. In this case, the redemption is executed at the fund unit value calculated for the day on which the assets from the sale of investments have been received. The Finnish Financial Supervision Authority may, for a special reason, grant permission to exceed the above-mentioned time limit.
As an exception to the above-mentioned subscription and redemption practices, the time limit for making subscription orders with Sampo Short Term Liquidity and Sampo Institutional Liquidity is 8 p.m. With respect to the 3C Alpha, 3C Edge, Danske Europe Enhanced Index and Danske North America Enhanced Index funds, as well as the Abacus and Eufex Hedge funds, subscription and redemption practices are explained in more detail in each fund’s simplified prospectus.