OREANDA-NEWS. Nasdaq Riga decided on December 9, 2014 to delist IP AS „SEB Wealth Management” fund „Eiro Rezerves fonds” from Nasdaq Baltic Fund list as of January 1, 2015. The last listing day is set to be December 31, 2014.
Investment fund name ISIN code Ticker
Open-end investment fund “Eiro Rezerves fonds” LV0000400067 SUFLARFR

According to IP AS "SEB Wealth Management" announcement, on December 8, 2014 IP AS “SEB Wealth Management” Management Board decided to delist open-end fund “Eiro rezerves fonds” fund units from the Baltic fund list as of January 1, 2015, to terminate issuance of new “Eiro Rezerves fonds” fund units as of December 29, 2014 14:00 and to terminate commission fees for fund management as of January 1, 2015. It is planned to liquidate “Eiro Rezerves fonds” in the middle of 2015.

Simulatenously Nasdaq Riga on December 9, 2014 decided to immediately apply  observation status to „Eiro Rezerves fonds”.

Observation status will be applied according to Nasdaq Riga Listing and Disclosure rules Article 20.1.2, Subarticle 7, which stipulates that the Issuer shall be placed on observation status if in the next 6 months it is planned to perform activities in the result of which the financial instruments of the Issuer would be delisted. The purpose of applying observation status is to alert the market participants.

„Eiro Rezerves fonds” has been listed on the Baltic Fund list as of April 13, 2004.  The purpose of the Baltic Fund List is to inform the investors about the funds listed and the value of their units, the sell and buy price of the fund units, and the trading results.