Unit classes in Swedbank Robur funds
A fund can have different unit classes, which means that the same fund offers units with different terms and conditions. The terms and conditions may differ, for example, for the currency in which the fund is traded, whether the fund is distributing or not, management fee and terms and conditions for distribution.
In many countries, it has long been common to have different unit classes in a fund for different customer categories. With the new MiFID II regulations that came into force on 3 January 2018, it has also been possible to divide the units into unit classes in Sweden.
- Previously, we have established separate funds for different types of unitholders, for example through our MEGA funds.
- With different unit classes, all investors can hold units in the same fund, but with different terms and conditions depending on which customer category they belong to.
- The fund’s management, nature and investment policy are always the same regardless of unit class.
- All unitholders will receive unit class A, a non-distributing class that is traded in SEK and has the same management fee as before.
- The introduction of unit classes does not entail any change for the unitholders of any of the funds concerned, and as a client, you have the same rights to the fund’s assets as before.
- We will introduce unit classes in the majority of our funds, initially only unit class A.
- As and depending on customer needs, more share classes than share class A will be made available for trading.
Questions and answers about unit classes in Swedbank Robur’s funds
Risk information
Past performance is no guarantee of future performance. The value of funds can decrease and increase, and you may not get back all the money you have deposited. Funds with risk classes 5-7 can decline and increase significantly in value. You can find fact sheets, information brochures and fund rules under each fund at swedbankrobur.se/fondlista.