Lønmodtagernes Dyrtidsfond (hereinafter referred to as "LD Fonde") hereby offers the purchase of fund management and depositary services (incl. the depository bank function). The tender process is handled by LD Fonde on behalf of Kapitalforeningen LD (hereinafter referred to as "KLD").

In this call for tenders, LD Fonde requests the management and depositary function (incl. the depositary bank function) for KLD, where the primary purpose is the exercise of management and depositary function in accordance with applicable Danish legislation. The purpose of the tender process is to enter into an agreement with one trustee and one depositary of KLD. This means that the two types of tenderers must join forces prior to the submission of the tender, and thus submit a single tender, which is considered, handled and evaluated together. Thus, the allocation is also made jointly to a team with a manager and a depositary, however, in such a way that only the manager signs and is liable for the manager agreement, and only the depositary signs and is liable for the depositary agreement. The background for the separate signatures and liabilities follows from the requirement that a manager cannot be appointed as depositary, see. section 47, paragraph 1 of the act on alternative investment fund managers, etc. (Consolidation Act no. 2015 of 1 November 2021 with subsequent amendments).

In addition, LD Fonde demands additional services that can ensure the efficient management and operation of both expensive time funds and holiday funds. Additional services consist primarily of the calculation of intrinsic values (NAV) for "synthetic" funds/reporting units consisting of assets that are not located in KLD. In addition, reporting and data availability support LD Funds' monitoring and risk management of the assets in KLD. The full description of the requested services can be found in the complete tender documents.