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Effective 1/1/2014, the Fund’s investment mandate changed from investing a minimum of 50% of its funds in Norway to investing a minimum of 50% of its funds in the Nordic countries. This means that returns prior to the change were achieved under different circumstances than they are today.
as of 25/04/2017

Price

242.57 EUR

Last 5 years*

7.50 %

Investment horizon

Minimum 5 years

Risk profile

6 out of 7

*Average annual return.

Morningstar Sustainability Rating

Morningstar

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Price
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Effective 1/1/2014, the Fund's investment mandate changed from investing a minimum of 50% of its funds in Norway to investing a minimum of 50% of its funds in the Nordic countries. This means that returns prior to the change were achieved under different circumstances than they are today.

The current benchmark index is MSCI Nordic/MSCI AC ex. Nordic. Prior to 1/1/2014, the benchmark index was an evenly composed benchmark index consisting of the Oslo Stock Exchange Benchmark Index (OSEBX) and the MSCI All Country World. The benchmark index prior to 1/1/2010 was the Oslo Stock Exchange Benchmark Index (OSEBX). Returns over 12 months are annualised.

Calculate fund return (in EUR)
Start AUM* Min. purchase Benchmark index ISIN
01/12/1993 859 mill. EUR 50.00 EUR MSCI Nordic/MSCI AC ex. Nordic NO0008000445
i
*Data at fund level, inclusive of all unit classes, as of month end. Updated on the 10th of each month.

Geir Tjetland

Portfolio Manager
SKAGEN Vekst

Alexander Stensrud

Junior Portfolio Manager
SKAGEN Vekst
Geographic distribution of investments

18.57 %

Industrials

15.97 %

Consumer Discretionary

14.06 %

Information Technology

10.28 %

Health Care

10.10 %

Financials

8.59 %

Energy

7.99 %

Consumer Staples

6.85 %

Telecommunication Services

5.36 %

Materials

1.20 %

Real Estate

1.04 %

Liquid assets

as of 31/03/2017 - 42.72 % of all investments

Continental

6.02 %

Samsung

5.47 %

Carlsberg Group

5.07 %

Norwegian

4.49 %

Citigroup

4.27 %

4.16 %

3.48 %

Ericsson

3.42 %

3.39 %

Roche

2.96 %

All investments

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.