The management board of AS Trigon Asset Management (the Management Company) has analysed the situation in the securities markets in connection with the military conflict between Russia and Ukraine. As of February 24, 2022, the sale of shares listed on the Russian Stock Exchange has been impeded, therefore the Fund may not be able to execute redemption orders. According to the Fund’s prospectus, the Management Company is allowed to suspend the redemption of units for up to three months if there are significant disruptions to trading on a regulated market important to the Fund.
The decision to close trading in the fund is a measure taken for the protection of unitholders rights.
The Management Company is allowed to suspend the subscription and redemption of units for up to three months if there are significant disruptions to trading on a regulated market important to the Fund.
Due to the above, the board of the Management Company decided that the subscription and redemption of the units of Trigon Russia Top Picks Fund will be temporarily suspended as of 25.02.2022. The trading with units is suspended until 07.03.2022.
The unitholders may not buy or sell fund units as long as the fund is closed for trading. Unitholders can enter their buy / sell orders in the system and those will be processed as soon as the fund reopens.
The Management Company may restore the trading with units if the situation on the stock exchange changes and transactions are no longer impeded. The Management Company has the right to extend the suspension of trading if the situation in the markets still does not allow for transactions or for reliable valuation of the fund’s holdings.
Unitholders have the right to ask clarifications about the changes by contacting the Management Company via e-mail firstname.lastname@example.org or telephone +372 667 9200.