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SKAGEN Focus wins Lipper Fund Awards

SKAGEN Focus has won prestigious Lipper Fund Awards for outstanding fund performance. SKAGEN Focus, which invests predominantly in smaller companies, has been awarded best global equity small and mid-cap fund over five years in Germany, the Nordics and the Netherlands:

  • LSEG Lipper Fund Awards Germany 2024 Winner, SKAGEN Focus, Best Equity Global Small & Mid Cap Fund Over Five Years.
  • LSEG Lipper Fund Awards Nordics 2024 Winner, SKAGEN Focus, Best Equity Global Small & Mid Cap Fund Over Five Years.
  • LSEG Lipper Fund Awards Netherlands 2024 Winner, SKAGEN Focus, Best Equity Global Small & Mid Cap Fund Over Five Years.
     The fund has been managed by Jonas Edholm and David Harris since its launch in 2015.

The LSEG Lipper Fund Awards recognise funds and fund management firms for their consistently strong risk-adjusted three, five, and ten-year returns relative to peers. Based on Lipper's quantitative methodology, the awards have provided an independent assessment of fund performance for over three decades.

Jonas Edholm, Lead Portfolio Manager, SKAGEN Focus, commented:

“Our recent awards demonstrate how parting from the crowd can produce outstanding results over time. This year we have won LSEG Lipper Fund Awards for best global small/mid-cap fund over five years in Germany, the Nordics and the Netherlands, building on our success in 2023 when we won similar awards in the UK and Netherlands over three years. However, we believe the best is still to come as the recent equity rally broadens into ignored small and mid-cap stocks. It’s time to mine the gap.”

David Harris, Portfolio Manager, SKAGEN Focus, added:

“The cataclysmic events in the global equity market over the past five years have produced a volatile investment environment that has created very lucrative investment opportunities for those with a broad perspective, particularly contrarian and value-based investors like us.”

Tom Roseen, Principal, Lipper Global Research, LSEG Lipper, commented:

“The 2024 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic period that the markets have seen in decades. Fund managers being recognised have steered their investors through a pandemic, a mild recession, a war, skyrocketing inflation and dramatic central bank intervention.

Whether you’ve been investing for just the past 15 years and have seen only the easy money environment following the Financial Crisis – or you’ve been an investor for 50 years and feel as if you’ve seen it all, there is no way to have foreseen the range of fundamental and non-financial factors that impacted the markets these past few years.

We applaud the 2024 LSEG Lipper Fund Award winners such as SKAGEN Focus for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global market disruptions.”

 

Important information:

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.

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

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