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Innovation & Novel Thinking

OUR VISION

We want to do our part in strengthening the Nordic eco system for innovative companies. We want our investors to be able to participate in the value creation from more companies choosing the stock market as a platform for growth. Technology and innovation are core to solving challenges in sustainability, environment and social welfare. The Nordic innovation cluster is strong relative the overall size of the region, however fragile in a world of global competition.

We want to actively promote the stock market route for more successful entrepreneurs and companies. We will maintain our investment philosophy and modus operandi, but as independent fund managers we can become even more active in this effort. There are many clever technology investors around the globe, but our focus is to invest in technology and innovation with a Nordic perspective.

ACTIVE OWNERS

We believe that being an active investor who meets all the companies we invest in, have opinions and act a responsible manner are all key to sustainable value creation. Sound corporate governance has been an important cornerstone of Nordic companies’ ability to create shareholder value. As major shareholders in many smaller companies, we also have the opportunity to influence the companies through dialogue.

The purpose of our ownership policy is to safeguard the mutual interest of our unit holders and to promote long-term healthy value creation in the companies we invest in. The quality of the board of directors is important for the company’s future development. We therefore participate in nomination committees and prepare proposals for board members in the companies where the fund is among the largest owners. In addition to the nomination committee work, we exercise our ownership influence at meetings of companies where the fund is a major shareholder. Read more about our ownership practice in our principles for shareholder engagement (Swedish).

LEGAL INFORMATION

Introduction

Fund management company for Core New Technology (Core Ny Teknik) is Teknik Innovation Norden Fonder AB (“TIN Fonder”, “The Company”). Carl Armfelt and Erik Sprinchorn are responsible fund managers.

Supervision

TIN Fonder is a fund management company under the supervision of the Swedish FSA “Finansinspektionen”. The company received clearance for discretionary fund management in November 2019.

Compliance

The company has an assignment agreement with Harvest Advokatbyrå regarding compliance. Anna Cumzelius is the compliance officer.

Compliance is mandated to ensure the company is following applicable rules and regulation as well as providing necessary information and support so that fund management is conducted within the existing rules and guidelines. Compliance reports directly to the board of directors and CEO.

Risk Control

The company has an assignment agreement with Wahlstedt & Partners regarding external valuation and independent risk control. Responsible for risk control is Tobias Färnlycke. Ola Björke is responsible for external valuation.

Risk control is mandated to examine and follow up on risks arising in the activities comprising operative risks, financial risks and external risks. The risk control function reports directly to the board of directors.

Internal Audit

Leif Lüsch, certified accountant and licensed accountant for financial businesses, is the internal auditor for the Company.

The task of the internal auditor is to evaluate whether the internal control mechanisms, systems and routines in the Company are adequate and effective. Internal audit shall also provide recommendations on measures to improve above functions and audit the implementation of these measures, reporting directly to the board of the Company.

External Audit

Öhrlings Pricewaterhouse Coopers is the Company’s external auditor. The principal auditor is the authorized public accountant Patrik Adolfsson.

The external auditor annually reviews the accounts and internal processes of the Company and reports directly to the board and CEO.

Central Functions

Carl Armfelt is responsible for central functions.

Complaints

Björn Wendleby, lawyer at Harvest Law Firm, is the Company’s complaints officer.

Please contact the complaints manager of the company if you feel errors have been made.

Complaints should be directed to: kund@tinfonder.se

Remuneration policy

Read our remuneration policy here: TIN Fonder Ersättningspolicy (Swedish)

Best execution

Principles for shareholder engagement

Read our shareholder engagement policy here: : TIN Fonder Principer för aktieägarengagemang (Swedish)

Financial Information

Latest Annual Report: the company has not submitted its first annual report.

Information om Marknadssonderingar

In accordance with current market abuse rules (MAR-Market Abuse Regulation), TIN Fonder has appointed two special contact persons for market investigations.

For market sounding, Carl Armfelt and Erik Sprinchorn are contact persons.

Risk information

Historical returns are no guarantee of future returns. The money invested in the fund can both increase and decrease in value and it is not certain that an investor will get back all the invested capital. Further information can be found in the Fund’s fact sheet, information brochure, annual report and semi-annual report at tinfonder.se.

Information on the Swedish Act of Advisory

On July 1, 2004, a new law (2003: 862) was introduced on financial advisory services, the so-called advisory law. Because of the new law, it is important for all unit holders and all potential savers to know about TIN Fonder’s position on this issue. The main task of TIN Fonder is to be an active fund manager. Our funds are mainly marketed to private individuals, legal persons and institutions. This means that financial advice is not within the scope of TIN Fonder’s operations. Therefore, we will not document customer meetings or record our customer calls, which is a requirement for financial advice. It is important that our unit owners understand that our information is of a more general nature and should be seen as marketing, not advice.

Integrity

Personal integrity

The Company handles personal information we attain when entering or during a customer relationship.

Read our integrity policy here: TIN Fonder Integritetspolicy (Swedish)

Cookies

When you visit our website or otherwise use our digital services, we may use cookies, pixel tags, analytics tools, and other similar technologies to help provide and improve our digital services, and as detailed below:

Cookies: Cookies are pieces of information stored directly on the computer that you are using. Cookies allow us to collect information such as browser type, time spent on the digital services, pages visited, language preferences, and other web traffic data. We, and our service providers, use the information for security purposes, to facilitate online navigation, to display information more effectively, to personalize your experience while using the digital services, and to otherwise analyze user activity. We can recognize your computer to assist your use of the digital services. We also gather statistical information about the usage of the digital services in order to continually improve their design and functionality, understand how the digital services are used, and assist us with resolving questions regarding the digital services. Cookies further allow us to select which of our offers are most likely to appeal to you and to display them to you. We may also use cookies to see how you interact with our offers, and we may use cookies or other files to understand your use of our websites.

If you do not want information collected through the use of cookies when using our website, there is a simple procedure in most browsers that allows you to automatically decline cookies or gives you the choice of declining or accepting the transfer to your computer of a particular cookie (or cookies) from a particular site. You may also wish to refer to http://www.allaboutcookies.org/manage-cookies/index.html. However, if you do not accept these cookies, you may experience some inconvenience in your use of the digital services. For example, we may not be able to recognize your computer, and you may need to log in every time you visit the applicable digital services.

Pixel tags and other similar technologies: Pixel tags (also known as web beacons and clear GIFs) may be used in connection with some digital services to, among other things, track the actions of users of the digital services (including e-mail recipients), measure the success of our marketing campaigns, and compile statistics about usage of the digital services and response rates.

Analytics tools: We use website and application analytics services provided by third parties that use cookies and other similar technologies to collect information about website or application use and to report trends, without identifying individual visitors. The third parties that provide us with these services may also collect information about your use of third-party websites.

När du besöker vår webbplats eller använder våra digitala tjänster på annat sätt kan vi använda cookies, pixeltaggar, analysverktyg och andra liknande tekniker för att bidra till att erbjuda och förbättra våra digitala tjänster, enligt beskrivningen nedan:

Disclaimer

Please note that Core Ny Teknik (”the Fund”) may only be marketed to retail and professional investors in Sweden, Norway and Finland.  The units of the Fund have not been and will not be registered in accordance with any securities legislation in the United States, Canada, Japan, and Australia. The Fund may not be offered or sold in the United States, Canada, Japan, Australia or in any other jurisdiction where such offer or sale is or would be unlawful. The Fund is not directed to persons whose participation requires additional information, registration measures or other measures than those required by Swedish law. It is incumbent on each individual who wishes to invest in the Fund to ensure that such an investment complies with relevant laws and other regulations, both in Sweden and abroad. Foreign laws and regulations may prohibit investors domiciled outside Sweden from investing in the Fund. The fund manager, Teknik Innovation Norden Fonder AB, has no responsibility whatsoever to verify that an investment from abroad has been made in accordance with the laws and regulations of the country in question.