Increasing dividends effortlessly
Fund subscriptions are processed on every Finnish banking day by Dividend House Oy. Subscriptions can be made by transferring money to the fund’s bank account and by submitting the signed subscription form to the Fund Management Company.
Information forms for new customers:
Once you have sent the sucpscription form to us,
Remember to make a wire transfer to the fund of your choice. In the bank transfer message field please enter the personal or business ID.
Once the subscription is completed, we will send you an accounting record of the subscription electronically.
Dividend House Nordic Small Cap
IBAN: FI12 8129 9710 0140 36, BIC: DABAFIHH
Dividend House European Small Cap
IBAN: FI70 8129 9710 0139 62 , BIC: DABAFIHH
Dividend House Global Aristocrats
IBAN: FI98 8129 9710 0142 34, BIC: DABAFIHH
If the subscription order and money are received before 12.00 noon Finnish time, the date and price are those of that banking day.
Fund series and dividend
Fund units are divided into dividend-series (A) and growth-series (B). For dividend-series a dividend is paid each year, the amount for the dividend is decided by the annual general meeting of the unitholders.
Redemption request must be made in writing by using our redemption form or with an informal letter. The letter must contain the fund’s name, number of units or amount (in EUR) to be redeemed, customer’s information details and signature. If fund units are accompanied with written certificate of ownership, redemption is accepted when the certificate is returned to the fund management company.
If the redemption request is received at the Fund Management Company before 12.00 noon Finnish time on a Finnish banking day, the redemption date and price are those of that banking day.
Proceeds from the transaction are paid to the customer’s bank account on the following banking day of the value day, given the fund has sufficient cash balance to fulfill the transaction.
A confirmation of the redemption will be sent to the customer.
Fund company charges subscription and redemption fees on fund transactions and a management fee.
Subscription fee max 2 %
Redemption fee 1 %
Management fee Nordic fund 1,7 %
Management fee Global Aristocrats fund 1,8 %
Management fee European fund 1,9 %
Management fee is calculated and deducted daily of value of the fund. Therefore the management fee is included in the reported daily unit value of the fund. Management fee includes the compensation for the custodian.
Dividend House Mutual Funds are funds under the Mutual Funds Directive, so Dividend House Oy is not obliged to assess the suitability of a fund for a client if the subscription is made at the client’s initiative. In this case, the client is also not subject to the code of conduct relating to that investment service.
Dividend House Oy has a legal obligation to identify its customers and to obtain information on the origin of the assets invested. The obligation may apply to each subscription event. In the event of incomplete information, Dividend House Oy shall have the right to disregard the order and the Management Company shall have the right and the duty to postpone or refuse the subscription.