The charges related to investing in Sydinvest Emerging Markets
consist of four components:
- Subscription charge
- Distribution charge
- Redemption charge
- Management Fee
| Fund | Subscription charge, % |
Redemption charge, % |
Management Fee, % |
|---|---|---|---|
| Sydinvest EM Bonds I EUR Acc h | 0.46% | 0.46% | 0,59% |
| Sydinvest EM Local Currency Bonds I EUR Acc | 0.26% | 0.26% | 0,64% |
| Sydinvest EM Sustainable Blended Debt I USD Acc | 0.36% | 0.36% | 0,65% |
Sydinvest Emerging Markets is open to receive subscription and redemption orders on a daily basis and issue or redeem shares on a T+2 settlement cycle. The pricing method in Sydinvest Emerging Market is based on a swinging price system based on an official mid market NAV. The price system is ensuring that any investor who enters or exit the fund is paying for the related transaction costs.
The result of the swinging pricing system ensures that Sydinvest Emerging Markets can protect the long term return to our investors from being affected by the trading activity taken by individual investors. It also ensures that the funds can handle large transactions without affecting the total return of the funds.
Subscription Charges
The daily NAV in all funds are based on mid market prices. The charge of subscription above is added to the NAV to cover the actual cost of establishing the portfolio positions related to the subscribed shares. In extraordinary market conditions where market spreads and charges of trading the underlying securities vary considerably, the charges above can differ substantially in order to cover the costs associated with the subscription.
Please refer to the prospectus of Sydinvest Emerging Markets for more details.
Redemption Charges
Sydinvest Emerging Markets will redeem shares to the investors when instructed to do so. The price of redemption will be based on the official daily mid market NAV minus the redemption charge to cover the actual cost of exiting the underlying securities of the portfolio.
In extraordinary market conditions where market spreads and charges of trading the underlying securities vary considerably, the redemption charges above can differ substantially in order to cover the costs associated with the subscription.
Please refer to the prospectus of Sydinvest Emerging Markets for more details.
Management Fee
The fixed annual costs cover all charges of fund management, administration, custody charges, marketing and distribution.
Please refer to the prospectus of Sydinvest Emerging Markets for more details on administrative costs.