Stocks

Baltic Horizon Fund Announces Record Date Correction for SDR Holders

Published June 12, 2024

In a recent update, the Baltic Horizon Fund has issued a correction notice affecting Swedish Depositary Receipt (SDR) holders. The notice addresses an amendment to the record date for SDR holders regarding their participation in the fund's general meeting. This correction ensures that all relevant stakeholders are informed of the precise deadlines and eligibility criteria for taking part in the fund's decision-making processes.

Understanding the Importance of Record Dates

Record dates are critically important in the financial world, as they determine the eligibility of shareholders and security holders to participate in upcoming corporate events, including votes, dividends, and meetings. Incorrect record dates can cause confusion and potentially disenfranchise investors, which is why accurate and timely communication from entities like the Baltic Horizon Fund is essential for maintaining investor relations and trust.

Relevance for Investors Beyond SDRs

While the recent notice from the Baltic Horizon Fund specifically pertains to SDR holders, the principles of correct record-keeping and communication are universally relevant across different types of investments. For instance, shareholders of major publicly traded companies such as Alphabet Inc. GOOG and Meta Platforms, Inc. META must also stay informed about record dates to effectively exercise their rights. These companies, representing significant activity within the technology sector, underscore the importance of transparency and accuracy in corporate announcements.

Alphabet Inc. GOOG, as a leading global technology firm, continues to influence markets with its broad portfolio of products and services. Similarly, Meta Platforms, Inc. META, known for its social media and communication platforms, plays a crucial role in the digital economy. Investors in these and other securities must be attentive to corporate communications to ensure their participation in shareholder events and to protect their interests.

correction, record, SDR