ADDITIONAL INFORMATION

Best Execution

Best Execution Principles specify the manner in which an AIF Manager ensure that all portfolio transactions are executed consistently in the best interests of the AIF and its Investors. AIF Managers are, in accordance to European Commission Delegated Regulation 231/2013, legally obliged to seek the best possible result in the execution of all portfolio transactions or order placing with an external counterparty, to get portfolio transactions executed.

This refers to the AIF Manager being required to take all reasonable measurements to obtain the best possible result for the funds it manages, taking into account a number of factors when performing a portfolio transaction. Nordkinn Asset Management takes into account the following factors:

  • price;
  • associated costs;
  • speed;
  • likelihood of both execution and settlement;
  • size of the transaction and the nature and its impact on the market;
  • others for the performance essential conditions.

Nordkinn applies and considers the factors above at the time of execution based on the objective, investment policy and risk profile of the fund, the financial instrument involved and the prevailing market circumstances.

Nordkinn has established internal rules regarding how best execution is achieved, including continuous monitoring of all counterparties. Investors may at request obtain the internal rules regarding best execution in detail.

Key External Partners

Fund Administrator
Wahlstedt & Sageryd Financial Services AB
Holländargatan 17, SE-111 60 Stockholm
www.ws.se


External Fund Valuation
Wahlstedt & Partners
Holländargatan 17, SE-111 60 Stockholm
http://www.wahlstedtpartners.se/


Prime Broker
SEB
Kungsträgårdsgatan 8, SE-106 40 Stockholm
www.seb.se


Clearing Brokers

Danske Bank Sweden
Norrmalmstorg 1, SE-103-92 Stockholm
www.danskebank.se

UBS Limited
1 Finsbury Anvenue, London EC2M 2PP, UK
www.ubs.com


External Compliance
FCG Risk & Compliance AB
Östermalmstorg 1, 5tr, 114 42 Stockholm
www.fcg.se


External Risk Management
FCG Fonder AB
Östermalmstorg 1, 5tr, 114 42 Stockholm
www.fcgfonder.se


Internal Auditor
PwC Stockholm
Torsgatan 21, SE-113 21 Stockholm
www.pwc.se


External Auditor
Ernst & Young Stockholm
Jakobsbergsgatan 24, SE-103 99 Stockholm
www.ey.se


IT & Infrastructure
ATEA
Brynsalléen 2, N-0667 Oslo
www.atea.no