28.02.2022

Suspension of fund price calculation for Raiffeisen-Russia-Aktien (R) VT and Raiffeisen-Eurasien-Aktien (R) VT due to closure of stock exchanges in Russia

Due to the conflict between Russia and Ukraine and the associated sanctions, trading on the Moscow stock exchange has been suspended since February 28, 2022. As a result, no price calculation can currently be made for funds with more than 5% assets in Russian equities. For this reason, the issue and redemption of fund units in Raiffeisen-Russia-Aktien (R) VT (WKN A0M5MJ / ISIN AT0000A07FS1) and Raiffeisen-Osteuropa-Aktien (R) VT (WKN 622904 / ISIN AT0000785241) had to be suspended until further notice.

What that means for you:

  • The purchase and sale of units in these two funds has not been possible since February 28, 2022.
  • During the suspension of the price calculation, no value can be determined or paid out for the existing balance of the affected funds.

The official statement of the capital management company can be found in the information from Raiffeisen Capital Management.

For customers who have chosen the fund Raiffeisen-Russia-Aktien (R) VT (WKN A0M5MJ / ISIN AT0000A07FS1) in their investment strategy: Our responsible actuary has therefore decided, in accordance with your contractual basis, to adapt your investment strategy and to invest future premiums from February 28, 2022 in the fund JPMorgan Funds — Emerging Markets Opportunities Fund A (acc) — EUR (WKN A1JVJZ / ISIN LU0759999336) instead of Raiffeisen-Russia-Aktien (R) VT .

For customers who have chosen the fund Raiffeisen-Osteuropa-Aktien (R) VT (WKN 622904 / ISIN AT0000785241) in their investment strategy: Our responsible actuary has therefore decided, in accordance with your contractual basis, to adapt your investment strategy and to invest future premiums from February 28, 2022 in the fund Raiffeisen-Eurasien-Aktien (R) VT (WKN 622888 / ISIN AT0000745872) instead of Raiffeisen-Osteuropa-Aktien (R) VT .

Important:

  • Both funds pursue similar investment objectives and have a comparable risk profile.
  • Your existing assets will not be affected by this adjustment.
  • This adjustment is free of charge for you.
  • You don’t need to do anything; we’ll make all the necessary adjustments for you.
  • You can change your fund selection for future premiums at any time.

As soon as price calculation and trading resume, we will inform you again.