Instructions and pricing

JOM Silkkitie & JOM Komodo -funds are open for subscriptions and redemptions twice a month: 1) on the 15th day of each month, or the preceeding banking day, if the 15th day of the month is not a banking day in Finland, and 2) on the last banking day of each month.

Subscription form

Subscription

  1. Before subscribing, please read carefully the simplified prospectus, the prospectus and the fund rules, which all contain important information to the investor.
  2. Fill in the subscription form, and send the form and a copy of your ID to the Fund Company. If the subscriber is a corporation, please attach a valid and current copy of certificate of incorporation and the ID of the authorised representative of the corporation.

The subscription form and required attachments have to be at the Fund Company at least two (2) banking days before the subscription date.
  3. The subscription amount must be on the Fund’s account by 2 p.m. EET on the subscription day, so investors are advised to execute the transfer a few banking days ahead of the subscription day (in Finland, more time may be required for bank transfers from abroad). The subscription has to contain person’s or the corporation’s identity number.

Additional subscription

  1. If the financial situation of the investor has remained unchanged, it is sufficient to fill in only the first page of the subcription form and send the form to the Fund Company. If the subsriber is a corporation, pls attach a valid and current copy of certificate of incorporation.The subscription form and required attachments have to be at the Fund Company at least two (2) banking days before the subscription date.
  2. The subscription amount must be on the Fund’s account by 2 p.m. EET on the subscription day, so investors are advised to execute the transfer a few banking days ahead of the subscription day (in Finland, more time may be required for bank transfers from abroad). The subscription has to contain person’s or the corporation’s identity number.

Redemption

  1. Please fill in the redemption form. The redemption form has to include the redemption value (EUR) or the number fund units to be redeemed. The redemption form has to be at the Fund Company at least five (5) banking days before the redemption date by 2 p.m. Finnish time (EET).
  2. The redemption amount shall be credited to the client on the banking day following the redemption day.

Funds subscription accounts:

JOM Silkkitie Investment Fund

SEB 330100-01129717, IBAN: FI8133010001129717, BIC: ESSEFIHXXXX

JOM Komodo Investment Fund

SEB: IBAN: FI7533010001136324, BIC: ESSEFIHXXXX

A written confirmation on the subscription or redemption will be sent to the investor.

Switching of fund units

The investor may switch fund units between two funds managed by JOM Fund Management Ltd. Switching fund units is treated as a combined subscription and redemption event, and thus switching fund units is possible only on subscription and

redemptions dates of the funds.

In order to switch funds, the investor must fill out the switch form and send the form to the Fund Company. The form has to be at

the Fund Company at least five (5) banking days before the intended subscription and redemption date.

The switch form may be downloaded here.

The fund unit switch is subject to a switching fee. As the switch event includes a fund unit redemption, it may have an effect similar to redeeming fund units on the investor’s personal taxation.

Price list

FundJOM SilkkitieJOM Komodo
Minimum subscription5 000€5 000€
Subscription feemax 1.5%max 1.5%
Fee for switching fund unitsmax 1% max 1%
 Redemption fee
Investment less than 12m1%2%
Investment 1-2 years0%2%
Investment over 2 years0%0%
Management fee p.a.1.2%1.5%
Performance fee10% over hurdle rate of 5% per annum with highwatermark (HWM). Silkkitie fund HWM taken into account since fund inception, whereas with Komodo fund, HWM is current year or previous fiscal year HWM.

The Fund also pays an annual custody fee to the Custodian. More information on the fees may be found in the fund prospectus, the simplified prospectus and the fund rules.