Taaleri’s funds available for private investors through Nordnet

TAALERI PLC                                   PRESS RELEASE                                                         29 MARCH 2019 AT 8:45 EET

Taaleri’s funds available for private investors through Nordnet

Taaleri has signed a funds distribution agreement with Nordnet. Going forward, Nordnet customers can invest in 12 Taaleri funds, including the Finland Value Equity Fund, Nordic Value Equity Fund and Rhein Value Equity Fund, and the Global Fixed Income, Higher Yields and Short Bond funds.

The lead portfolio manager of the Taaleri Finland Value Equity Fund is Mika Heikkilä, possibly one of Finland’s most respected and recognized portfolio manager. He has successfully managed several value-oriented long-only equity funds since 1999.

"Collaboration with Nordnet will help us to reach more than 200,000 private investors. We believe that our Bond and Value funds are a good addition to Nordnet’s range of funds. Taaleri’s goal has long been to offer wealth management to a broader customer base. This collaboration offers us a great opportunity to do that,” says Antti Törmänen, Director Taaleri Wealth Management Ltd.

Nordnet’s fund portfolio consisting of more than 50 fund companies will further expand when Taaleri’s funds become available to Nordnet’s 230,000 customers. 

Nordnet does not charge subscription or redemption fees. The minimum investment in the funds is EUR 15/subscription. Taaleri’s funds can be subscribed through Nordnet starting 1 April 2019. www.nordnet.fi/taaleri

"We are proud that Taaleri chose to partner with Nordnet. Taaleri is a very strong brand amongst wealth management customers, and Taaleri funds have performed really well. Now our customers have easy access to the valued funds – and with just small investment amounts. I believe the funds will quickly become some of the most popular funds in Nordnet,” says Suvi Tuppurainen, Nordnet’s Country Manager Finland.

Of Nordnet’s 230,000 Finnish customers, more than 100,000 have invested in funds. The average monthly savings investment in funds is almost 150 euros per month. The median investor invests a bit less, about a hundred euros per month.

About Nordnet
Nordnet is the leading Nordic digital bank for savings and investments. With user-friendliness, availability, a broad offering and low prices, Nordnet gives its customers the opportunity to achieve their savings ambitions. The company was founded in 1996 and today has more than 700,000 customers in Finland, Sweden, Norway and Denmark.

Taaleri Plc
Communications

Further information:

Jouko Kantola, Managing Director, Taaleri Fund Management Ltd, tel. +358 50 549 5596, jouko.kantola@taaleri.com

Suvi Tuppurainen, Country Manager Finland, Nordnet, tel. +358 50 380 3877, suvi.tuppurainen@nordnet.fi

Taaleri in brief

Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki's, Finland, main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet.  

At the end of 2018, Taaleri had assets under management totalling EUR 5.7 billion and 5,400 wealth management customers. Taaleri Plc has some 4,100 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.

More information about our company and services: 

www.taaleri.com/en
www.fellowfinance.fi/en
www.garantia.fi/en

Sophie Jolly, Head of Communications and IR, tel. +358 40 828 7317, sophie.jolly@taaleri.com