Liquidation of seven funds

Motions have been proposed for an extraordinary general meeting of Investeringsforeningen Jyske Invest International on the dissolution of the following funds:

  • Jyske Invest Danish Bonds CL
  • Jyske Invest Emerging Market Bonds CL
  • Jyske Invest Emerging Local Market Bonds CL
  • Jyske Invest Emerging Market Equities CL
  • Jyske Invest Income Strategy CL
  • Jyske Invest Balanced Strategy (NOK) CL
  • Jyske Invest Aggressive Strategy (secondary name – Jyske Invest Favourite Equities) CL

through liquidation.

The demand for certificates of the funds has been and is still expected to be declining.

It is the assessment of the Supervisory Board that the low value of the assets makes it difficult for advisers to implement the intended investment strategy, and therefore it is in the interest of investors that the funds are liquidated. Consequently, it will be proposed to liquidate the funds in the course of the spring of 2023.

The liquidation is conditional upon the approval of the general meeting.

What does this mean for investors in the funds?

For investors with certificates of the discontinuing funds this means that their certificates will be redeemed and the proceeds from the sale will be deposited into the investors' accounts. Redemption will take place at the price of the certificates at the statement date.

The liquidation will be submitted for adoption at an extraordinary general meeting on 8 February 2023. The period of notice is expected to run up to and including 9 May 2023.

If the extraordinary general meeting adopts the proposal of liquidation, investors will over a period of three months not be able to sell their investment certificates, and therefore Jyske Invest Fund Management A/S already now recommends that investors contact their financial adviser.

Important dates

We expect to follow the schedule below.

  • 8 February 2023: Issue and redemption in the funds will be discontinued.
  • 9 May 2023: Settlement date - the value of the certificates at the end of the day will determine the value to be paid out.
  • 12 May 2023: The liquidation will be registered in VP Securities' systems.
Fund name ISIN code Liquidation price Date
Jyske Invest Danish Bonds CL DK0016260003

Jyske Invest Emerging Market Bonds CL DK0016272446

Jyske Invest Emerging Local Market Bonds CL DK0060009751

Jyske Invest Emerging Market Equities CL DK0016260193

Jyske Invest Income Strategy CL DK0016261670

Jyske Invest Balanced Strategy (NOK) CL DK0060129815

Jyske Invest Aggressive Strategy (secondary name – Jyske Invest Favourite Equities) CL DK0016262488
(DK0060005924)


Ask your adviser

If you have certificates in one of the discontinuing funds, please contact your investment adviser to learn more about other funds that may be of interest to you.

More information

We will on an ongoing basis update the website with additional information about the changes.