The Nordea Emerging Europe Fund will be merged into the Nordea Emerging Market Equities Fund

Why are the funds being merged?

We are actively developing our fund offering, for example by combining identical or similar funds. The merging funds are both equity funds aiming to provide higher returns for investors. They invest in equities and equity-linked securities. Nordea Emerging Europe Fund primarily invests in Eastern European countries. Nordea Emerging Market Equities Fund invests in emerging markets globally, including emerging Eastern Europe. Both funds follow Nordea’s responsible investment principles. They do not invest in companies that have violated international norms or are involved in controversial business activities. The merging fund is classified under SFDR Article 6, meaning it does not promote environmental or social characteristics, nor does it aim for sustainable investments. The receiving fund is classified under SFDR Article 8, meaning it promotes environmental and/or social characteristics.

How does the merger affect you as a unit holder?

 In the merger, the assets and any receivables of the Nordea Emerging Europe Fund will be transferred to the Nordea Emerging Market Equities Fund either in cash or securities. Your fund units will be exchanged for units in the receiving fund. Going forward, you will hold units in the Nordea Emerging Market Equities Fund. This transfer does not result in taxable capital gains for unit holders who are generally tax liable in Finland. You may also sell or switch your fund units free of charge before the merger. However, such a transaction will be treated as a taxable disposal.

If you have any questions or would like to hear more about other investment options, please contact Nordea Customer Service: Phone: 0200 3000 (local network rate), Mon–Fri 8:00–20:00.

Read the customer letter here!