The rules of the Evli Alpha Bond Fund will be amended

07.07.2017

Evli Fund Management Company Ltd has decided to amend the rules of the Evli Alpha Bond Fund. The amendments will shift the focus of the fund’s investment strategy to make it into a corporate bond fund investing in bonds issued by Nordic companies. The fund’s new name will be the Evli Nordic Corporate Bond Fund.

After the amendments, the credit rating requirement applied to foreign issuers in the fund’s current rules will no longer apply as many smaller Nordic companies do not have a credit rating. However, the Nordic countries offer a more stable political and financial business area than the rest of Europe which means less risk that the fund’s investment instruments will fluctuate in value. Based on the management company’s estimate, the fund’s current risk category 2 (scale of 1-7) and risk profile will remain the same.

With the amendment of the rules, the fund’s performance-based management fee will be removed and the administrative fee will be made up of a 0.75% annual fixed management fee alone. The fund’s new benchmark index will be the BofA Merrill Lynch 1-5 Year Euro Corporate Index.

The amended rules confirmed by the Financial Supervisory Authority will enter into force on August 31, 2017. Clients will not need to carry out any separate actions in relation to this.

Key Investor Information Document: Evli Nordic Corporate Fund
(valid since August 31, 2017)

Fund Rules: Evli Nordic Corporate Fund
(valid since August 31, 2017)

Our Investor Service will gladly provide additional information by e-mail at investorservice@evli.com, or by telephone on +358 (0)9 4766 9701, from Monday to Friday from 9.30 am to 4.30 pm (Finnish time).

EVLI FUND MANAGEMENT COMPANY LTD