When executing orders on behalf of a fund or managed portfolio, management companies should take all reasonable steps to obtain the best possible result for the fund or managed portfolio on a consistent basis, taking into account price, costs, speed, likelihood of execution and settlement, size and nature of the order or any other consideration relevant to the execution of the order.
These factors should be considered against factors such as the objectives of the fund or portfolio, investment strategy, risk profile and the nature of the transaction.
Catella Fondförvaltning AB, the Company, has internal guidelines for how the best possible result should be achieved, and for monitoring and evaluating partner companies.
The total cost includes the price of the financial instrument and the costs directly related to the execution of the transaction. In some cases, however, the nature of the portfolio transaction or the characteristics of the financial instrument or market place may affect the relative significance of the total cost. Furthermore, it may be significant whether the order, because of its size or type, in the opinion of the Company, may have a material impact on prices.
Unit holders and clients should contact the Company for additional information on the company's internal guidelines for best possible result.
Please see attached for the counterparts used by the Company.
Updated 8th of December 2020