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Diversity and Inclusion Report 2020

15 March 2021

Embracing diversity and inclusivity will allow us to better understand our client base and provide excellent and holistic client service and follow-up. It will also enable us to create multi-talented, highly motivated teams and improve our decision making by incorporating a broader range of viewpoints and reducing our individual blind spots and biases. In SKAGEN we consider diversity and inclusion to be an opportunity rather than a challenge.

Yet, investing in diversity and inclusion is more than just a good business strategy: it is simply the right thing to do. The challenges of inequality and exclusion continue to exist in many aspects of our daily lives and society. We will only be able to overcome them if we all contribute, both as individuals and as organisations. 

SKAGEN’s vision is to provide clients with the best possible risk-adjusted return, service and follow-up, and to fulfil this vision we need to have the full support of our employees. If we want to be a successful and credible driver of positive change, we need to take a holistic approach and address our core stakeholder groups in a consistent way. We are therefore focusing our efforts within diversity and inclusion on the following groups: leadership, employees, partners. With this Diversity and Inclusion Report for 2020 we are able to share a snapshot of where we are as a company right now and the progress we’ve made so far with our work.

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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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