Section 8 in the rules of the said funds will be changed so that, in future, we will execute redemption orders biannually, in June and December. The purpose of this change is to enable our portfolio management to better manage liquidity risks. Furthermore, the biannual redemption opportunity is commonly used by Finnish mutual funds investing in real estate. We will continue to accept subscription orders on a quarterly basis. We have also harmonised the wording of Section 8 in the rules of all three funds in question.
We will execute orders received by 30 June in accordance with the current rules.
These changes will not require any action on the part of unitholders. The funds' rules are available at any OP cooperative bank branch and online.
For more information on the funds' outlook, see the fund-specific web pages where you can find the portfolio managers' latest reviews and interim reports (in Finnish).
- Read about OP-Forest Owner fund
- Read about OP-Rental Yield fund
- Read about OP-Public Services Real Estate Fund