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Absolutely a good year

There was a lot to be pleased about in 2017, writes Investment Director Alexandra Morris in SKAGEN Funds' Annual Report.

Date: 22/02/18

Front page of the Annual Report 2017

Together with our clients, we celebrated funds that have been with us for many years; SKAGEN Global reached its 20-year milestone, SKAGEN Kon-Tiki turned 15 and SKAGEN m2 celebrated its 5-year anniversary. On the whole, it was also a very good year when it came to the absolute returns in our equity funds.

There were surprisingly few fluctuations in the global stock markets last year, and for the for the first time in many years, we are entering a new year with synchronised and accelerating growth in most countries and markets, and this gives us cause for optimism.

Read SKAGEN Funds' Annual Report 2017 (PDF)

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 www.skagenfunds.com. Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.

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