24
Apr
2019
Africa, News
NEW SHARE CLASSES IN TUNDRA FRONTIER AFRICA FUND

Tundra Fonder AB has decided to introduce new share classes to Tundra Frontier Africa Fund as a result of demand from institutional investors. To achieve this, we need to make changes to the fund rules. The new share classes are available to investors that wish to invest large amounts and where no distribution inducements are paid to third parties (such as banks and insurance platforms). The requirement to make a large investment is set against a lower management fee for the new share classes than for the existing ones.

The fund’s investment strategy is not changed in any way.

Read more here.


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