Nykredit Invest Balance Announces Suspension of Selected Departments

Suspension of Trading by Nykredit Invest Balance
Nykredit Portefølje Administration A/S has taken the step to request a trading suspension for certain departments it oversees. This decision was made in light of technical challenges that are preventing the accurate determination of Net Asset Value (NAV).
Impact of the Suspension
The trading suspension will remain in effect until Nykredit can ensure that correct pricing is restored. This is crucial for maintaining transparency and trust among investors in the funds managed.
Departments Affected by the Suspension
The following departments are covered by the suspension:
1. Ansvarlig Defensiv
SIN: DK0061671013
Order Book Code: NBIAD
2. Ansvarlig Moderat
SIN: DK0061671286
Order Book Code: NBIAM
3. Ansvarlig Offensiv
SIN: DK0061671369
Order Book Code: NBIAO
4. Defensiv KL
SIN: DK0016188733
Order Book Code: NBIDEKL
5. Moderat KL
SIN: DK0016188816
Order Book Code: NBIMOKL
6. Offensiv KL
SIN: DK0060441749
Order Book Code: NBIOFKL
Contact Information
If you have any questions regarding this announcement, please reach out via email. You can contact the portfolio management team at npa.pm@nykredit.dk.
For further inquiries, the Head of Portfolio Management & Operations, Christian Rye Holm, is available at CRH@nykredit.dk.
Best regards,
Nykredit Portefølje Administration A/S
Tage Fabrin-Brasted
Frequently Asked Questions
What led to the trading suspension for Nykredit Invest Balance?
The suspension was due to technical difficulties that hindered the accurate calculation of NAV.
Which departments are affected by this suspension?
The suspension affects multiple departments, including Ansvarlig Defensiv, Ansvarlig Moderat, Ansvarlig Offensiv, and others.
When will the trading suspension be lifted?
The suspension will remain until accurate pricing can be restored.
Who can I contact for more information?
You may reach the portfolio management team via the provided email addresses for any inquiries.
What are the potential implications for investors?
The suspension may affect investor sentiment and decisions, but it is a necessary measure to ensure fair pricing.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.