Trading and settlement

In the following, issue and redemption of units will be referred to as ”trading”.

ATP effects trading through ATP Fondsmæglerselskab A/S – referred to as the Investment Company. The Investment Company is a wholly-owned subsidiary of ATP. For the purpose of facilitating trading based on the choices made by the account holders, the Investment Company will hold a trading portfolio in most of the registered investment funds.

Daily trading

The investment funds are to be able to trade on a daily basis upon request from the Investment Company or ATP. Moreover, on trading days, the investment funds are on a daily basis to submit net asset value as well as issue and redemption prices irrespective of whether the Investment Company or ATP is trading with the investment fund.

Based on the choices made by the account holders, ATP effects trading in the units of the investment funds. At the beginning of each trading day, the choices of collective investment schemes made by the account holders will be accumulated and lists of net trading orders will be compiled in each investment fund. For each investment fund, the Investment Company will determine whether the trading order is to be effected internally by means of the trading portfolio or whether external trading is to be effected with the distributor of the investment fund. If the Investment Company wishes to trade with the investment fund, the Investment Company will inform the distributor of the investment fund of the trading order no later than at 9.30 am. For trading with the investment funds, the Investment Company will be the counterparty. Once the transaction between the Investment Company and the distributor of the investment fund has been completed, the Investment Company will trade with SP. Based on the latter transactions, the choices of the account holders will be registered in their accounts.

The trading currency of the investment fund will be applied for the purpose of trading between the investment fund/distributor and the Investment Company. The procedures for trading and settlement differ depending on where the investment fund is registered.

Contact information

SP-Valg
Nikolaj Plads 6
Postbox 1040
1007 København K

E-mail: spvalg@nasdaqomx.com
Phone: +45 33 77 03 85 / +45 33 77 03 84
Fax: +45 33 12 86 13

Agreement documents

Cooperation Agreement
Clarification for participation
Executive Order ATP
Registration Form
Legal Proceedings Clause
Auditors' Opinion
Guidance to completion of Appendix 6
Cross-border activities