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Intrinsic value

The objective of the intrinsic value calculation is to provide as accurately as possible the price or net asset value (NAV) of the fund per unit at a given point in time. The intrincic value that SKAGEN Funds determines for its fund units is the value of the fund's assets minus liabilities divided by the number of outstanding units in the fund. Hence, the calculation of intrinsic value gives an indication but does not provide a guarantee for the daily calculations of price (NAV). The intrinsic value is determined three times a day on all opening days for the Oslo Stock Exchange (business days).

Fund Latest price Date 09:30 12:15 16:00
SKAGEN Global A 289.59 EUR 15/10/2021 290.05 EUR 289.95 EUR 290.46 EUR
SKAGEN Kon-Tiki A 105.33 EUR 15/10/2021 105.69 EUR 105.61 EUR 105.72 EUR
SKAGEN Focus A 18.13 EUR 15/10/2021 18.24 EUR 18.23 EUR 18.26 EUR
SKAGEN Vekst A 360.10 EUR 15/10/2021 361.99 EUR 361.19 EUR 362.13 EUR
SKAGEN m2 A 26.30 EUR 15/10/2021 26.36 EUR 26.33 EUR 26.39 EUR
SKAGEN Tellus A 10.32 EUR 15/10/2021 10.27 EUR 10.27 EUR 10.27 EUR

The calculation of intrinsic value is no guarantee for what the base price will be on the relevant day.

When a fund is listed on the stock exchange it is obliged to calculate and publish the intrinsic value three times a day on the stock exchange's website. This is to ensure that investors who deal in the units of SKAGEN Funds avoid buying and selling at prices that deviate greatly from the fair value (intrinsic value). In order to comply with the principle of equal information to all unitholders, we also report the intrinsic value for the relevant funds on our website.

Price setting in the funds

We set prices for our funds on all working days in Norway. All prices are calculated based on the current day's market developments.

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager's skill, the fund's risk profile and management fees. The return may become negative as a result of negative price developments.