Extension of notice periods

The option of extending notice periods is one of the liquidity management tools available. It means that the time between the unit holders' sell order and the actual execution is extended. This tool reduces the pressure on the fund to sell assets immediately. It thus contributes to stability, protection and fair and equal treatment of shareholders, especially in stressful situations.

Example: A sell order placed today is not executed at tomorrow's fund price. Instead, it is executed at the fund price valid when the extended period is applied, e.g. 5 days later.