SKAGEN to introduce end of day pricing
From 9 April 2021, we will start publishing the prices for SKAGEN's funds after the markets close.
On 9 April, SKAGEN will switch to so-called end of day pricing. This means that the net asset value (NAV) of SKAGEN's funds will be based on the closing prices of the securities held in the funds.
In practice, this means that the funds' NAVs will be published by 9.00 CET the following morning instead of by 19:00 CET the same day.
No change to cut-off time
There will be no change to the deadline for trading funds – you must still send us a purchase order or trade electronically by 15.00 CET to get the day's price. The price will be determined the following morning. When selling funds, the money will still be sent to your account on the same day as previously, but a few hours later. We will continue to publish intrinsic value three times a day, at the same times as before.
If you have any questions about end of day pricing, you are welcome to contact us by telephone on +47 51 80 37 09 or by sending an email to firstname.lastname@example.org