Lunastushinnat

Lunastushinnat is a Finnish term used in finance to describe the price at which an investor can redeem units, shares, or other redeemable instruments from a fund, account, or issuer. The redemption price is the amount paid to the investor when they liquidate their position. For open-ended investment funds, the redemption price is typically based on the fund’s net asset value (NAV) per unit at a defined valuation point and may be equal to the NAV minus any redemption charges or fees specified in the fund’s documents. In many cases, the redemption price is designed to reflect the underlying value of the fund’s assets.

In some products there can be distinct prices for different purposes, such as a bid or redemption price that may differ from the subscription price at which new units are issued. The redemption price may be adjusted for accrued income, distributions, or liquidity considerations. Fees, taxes, and timing of the redemption can affect the final amount received.

During periods of high redemption activity or liquidity stress, managers may implement temporary restrictions or gates on redemptions, in line with regulatory guidelines. Understanding lunastushinnat is important for investors assessing the cash value of redeeming their holdings and for comparing different funds or instruments. The concept is commonly referenced in Finnish investment literature and aligns with similar notions of redemption or buyback prices used in other markets.