Nykredit Invest Balance Suspends Trading on Selected Funds
Nykredit Invest Balance Suspends Trading on Selected Funds
Nykredit Portefølje Administration A/S has officially requested Nasdaq Copenhagen to suspend trading for several funds under their management. This decision has been taken as a result of technical challenges that have hindered the ability to provide accurate Net Asset Value (NAV) for these funds.
Reason Behind the Suspension
The primary concern leading to this temporary suspension is the inability to maintain correct pricing for the funds. Such accurate pricing is essential for ensuring that investors can make informed decisions based on the current market value of their investments. The situation has arisen from unforeseen technical issues affecting the fund management processes.
Funds Affected by the Suspension
The suspension currently impacts the following funds:
List of Suspended Funds
Below is the specific information regarding the funds that are currently suspended:
ISIN: DK0061671013 - Fund Name: Bæredygtig Defensiv KL - Order Book Code: NBIBDKL
ISIN: DK0061671286 - Fund Name: Bæredygtig Moderat KL - Order Book Code: NBIBMKL
ISIN: DK0061671369 - Fund Name: Bæredygtig Offensiv KL - Order Book Code: NBIBOKL
ISIN: DK0016188733 - Fund Name: Defensiv KL - Order Book Code: NBIDEKL
ISIN: DK0016188816 - Fund Name: Moderat KL - Order Book Code: NBIMOKL
ISIN: DK0060441749 - Fund Name: Offensiv KL - Order Book Code: NBIOFKL
Plans for Resumption of Trading
The suspension will remain in effect until Nykredit Portefølje Administration A/S can ensure the accurate pricing of these funds once again. They are diligently working on resolving the technical issues at hand and are committed to reinstating trading as soon as possible.
Communication Channels
For any inquiries regarding this announcement, stakeholders can reach out via the following emails: npa.pm@nykredit.dk or JNA@nykredit.dk.
Conclusion
In conclusion, while the suspension of trading in these funds may cause uncertainty, the safety and transparency regarding investors’ holdings remain a top priority for Nykredit Portefølje Administration A/S. Investors are encouraged to stay updated as the situation evolves and to reach out with any questions or concerns.
Frequently Asked Questions
What funds are currently suspended?
The suspended funds include Bæredygtig Defensiv KL, Bæredygtig Moderat KL, Bæredygtig Offensiv KL, Defensiv KL, Moderat KL, and Offensiv KL.
Why was trading suspended?
Trading was suspended due to technical challenges that prevented accurate pricing of NAV.
When will trading resume?
Trading will resume once Nykredit can ensure accurate pricing. The timeline for this is currently uncertain.
How can investors get updates?
Investors can stay informed through direct communication from Nykredit or by contacting their support channels.
Who can I contact for more information?
For further inquiries, you can contact Nykredit via the emails npa.pm@nykredit.dk or JNA@nykredit.dk.
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