Suspension Request for Specific Fund Under Danske Invest
Suspension Request for Specific Fund Under Danske Invest
Overview of the Suspension
In light of a local market closure, a formal request has been submitted for the suspension of a specific fund under the Danske Invest collective investment scheme. This action is necessary to address the implications of the market’s temporary halt on fund transactions and investor operations.
Details of the Affected Fund
Every fund within an investment association operates in accordance with market conditions and timings. Specifically, the affected class is detailed below:
Fund/Class Information
The following information pertains to the class that is subject to suspension:
- Fund/Class Name: Kina, klasse DKK d
- ISIN Code: DK0010295336
- OMX Identification: DKIKI
Reasons Behind the Suspension
The suspension is attributed to a local stock market closure, a decision that impacts the underpinnings of market activities. Such closures can arise from various factors, including public holidays or significant events that necessitate a halt in trading to preserve market order.
Impact on Investors
Investors are encouraged to understand the nature of this suspension. It serves to protect their investments during periods when market conditions are not favorable for trading. Communication from Danske Invest will continue as updates arise regarding the status of this suspension and its duration.
Communication
Danske Invest is committed to keeping its investors well-informed. Updates will be provided to ensure transparency and support their investment decisions during this period. It is vital for investors to remain aware of these developments through official communications from the management team.
A Message from Management
We appreciate your understanding during this time. The management team at Danske Invest, including Tina Hjorth Hetting, the Head of Fund Products, is dedicated to ensuring that our operations align with regulatory standards and market practices.
Frequently Asked Questions
What is the reason for the fund suspension?
The suspension is due to a local stock market closure, affecting trade activities for the fund.
How will I be informed about the suspension status?
Danske Invest will provide updates via official communications to keep investors informed.
What fund is affected by the suspension?
The fund affected is Kina, klasse DKK d, with ISIN DK0010295336.
Who can I contact for more information?
You can reach out to the management team of Danske Invest for further inquiries and clarification.
What should investors do during this suspension?
Investors should remain informed and await further instructions or updates from Danske Invest.
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