Amendments to rules and prospectuses of Avaron High Yield Bond Fund and Avaron Active Multi-Asset Fund

Amendments to rules and prospectuses of Avaron High Yield Bond Fund and Avaron Active Multi-Asset Fund

Avaron amends the rules and prospectus of Avaron High Yield Bond Fund and Avaron Active Multi-Asset Fund.
The redemption terms will become more favourable, providing investors with better liquidity when trading fund units. Going forward, investors will be able to receive larger redemption amounts within the same timeframe:

• Redemption orders up to EUR 500,000 (incl.) will be executed on any banking day (no notice period applied).
• Orders over EUR 500,000 and up to EUR 3 million will be executed with 10 banking days’ notice.
• Orders over EUR 3 million and up to EUR 5 million will be executed with one month’s notice.
• Orders over EUR 5 million will be executed with two months’ notice.

If the fund holds sufficient free, uninvested cash, the fund manager may decide to execute a redemption order with a shorter notice period. In that case, requests will be processed in the order they were submitted to the unit transaction agent.

The fund documents entering into force on February, 20th can be accessed here.