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SKAGEN Vekst wins Best Global Equity Fund Award in Belgium

SKAGEN Vekst has won the prestigious Belgian Award for outstanding fund performance. SKAGEN Vekst, which invests mainly in the Nordic region and the remainder worldwide, has been awarded best global equity fund over one year*. The fund is managed by Søren Milo Christensen and Sondre Solvoll Bakketun. 

At the end of September 2023, SKAGEN Vekst had delivered impressive three-year annualised EUR returns of 16.3%, 7.2% percentage points ahead of its benchmark index, net of fees.

Søren Milo Christensen, Lead Portfolio Manager of SKAGEN Vekst, commented:

“Since I took over as Lead Portfolio Manager in 2018, the fund's strong returns have been driven largely by good stock selection. Over the past three years, stock picking has led to outperformance in 12 of 13 countries and 8 out of 10 sectors. We are confident that our price-driven approach offers downside protection and should help the fund to continue delivering superior returns for its clients as the fund approaches its 30th anniversary."

*based on returns over one year between 1 July 2022 and 30 June 2023.


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Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document which contain further details about the fund's characteristics and costs. The information can be found on Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.