Skip to main content

The content on this page is marketing communication

Change to the articles of association of SKAGEN m2

The equity fund SKAGEN m2 has changed benchmark index following approval by the FSA and unit holders.

Date: 27/09/19

Light red house with red roof
Architect Ulrik Plesners first extension to Brøndum's Hotel, by Johan Peter von Wildenradt, 1892.

The articles of association for the equity fund SKAGEN m2 are being amended following approval given by the Norwegian FSA on 18 June 2019, and the unanimous approval of the unit holder meeting held on 23 May 2019.

The fund has switched benchmark index from MSCI ACWI Real Estate IMI ex REITS to MSCI ACWI Real Estate IMI. The change to the articles of association entails that all instances of MSCI ACWI Real Estate IMI ex REITS in § 7  Unit Classes are replaced with MSCI ACWI Real Estate IMI.  The updated articles of association will be available on our website after 1 October 2019.

The change to the articles of association has been approved, and the implementation of the new index will take place on 1 October 2019. The fund's prospectus and KIID will also be updated and made available on our web pages.

SKAGEN does not charge any redemption fee, hence the securities funds' act stipulation that redemptions may be made free of charge in the event of changes to the articles of association is fulfilled.

Questions?

SKAGEN explained the background for the change to the articles of association when we published the notice of the unit holder meeting. If you have further questions, you may contact us at contact@skagenfunds.com or on +47 51 80 37 09

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.

Get news and analysis directly to your inbox

By signing up you consent to SKAGEN registering your e-mail address for this purpose. You can unsubscribe at any time by using the link provided in the emails. More about SKAGEN’s personal data policy can be found in our privacy policy

keyboard_arrow_up