Fact sheet: SKAGEN Vekst

Fund information

Fund name
SKAGEN Vekst A GBP
Fund company manager
SKAGEN
Fund type
SIB
Fund manager
Geir Tjetland
since 01/01/2012
Fund objective
The fund’s objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of Nordic and global equities. SKAGEN Vekst is an actively managed fund with a global investment mandate. The fund should invest at least 50 percent of its assets in companies listed or traded on the Nordic market or companies domiciled in the Nordic countries. The fund’s strategy is to find low-priced, high-quality companies that are undervalued, under-researched and unpopular. The combination of a Nordic and a global mandate allows the fund to take part in the creation of wealth in sectors that are not available on the Nordic market.
Benchmark
-
Investment style
Value
Investment method
Shares

Quick stats

1 Year return

26.71 %

1 Year rank in sector

18/471

Sector

FO Equity - International

Yield
-
Fund size

£ 730.0 m

FE Risk score

112

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    21.6%
  • Norway
    17.2%
  • USA
    13%
  • Denmark
    11.1%
  • Korea
    7.8%
  • Industrials
    19.1%
  • Consumer Discretionary
    14.7%
  • Information Technology
    13.9%
  • Health Care
    10.2%
  • Financials
    9.1%
  • Swedish Equities
    21.6%
  • Norwegian Equities
    17.2%
  • US Equities
    13%
  • Danish Equities
    11.1%
  • South Korean Equities
    7.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.58 %7.07 %26.71 %30.61 %63.37 %
Sector0.36 %8.88 %15.12 %21.7 %64.02 %
Rank within sector237 / 500304 / 49018 / 471130 / 380174 / 292
Quartile th2 nd3 rd1 st2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund10.57 %28.22 %-3.73 %-0.97 %12.51 %
Sector10.46 %7.94 %0.71 %5.96 %21.26 %
Rank within sector236 / 48924 / 448331 / 399317 / 357288 / 314
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha2.59
Beta0.97
Sharpe0.4
Volatility11.96
Tracking error7.96
Information ratio0.26
R-Squared0.55

Price movement

52 week high215.8924
52 week low171.2799
Current bid price0
Current offer price0
Current mid price215.8924

Holdings by region

  • 21.6% Sweden
  • 17.2% Norway
  • 13% USA
  • 11.1% Denmark
  • 7.8% Korea
  • 7.1% Germany
  • 4.8% Switzerland
  • 4.4% Others
  • 3.7% Money Market
  • 3.5% Russia

Holdings by sector

  • 19.1% Industrials
  • 14.7% Consumer Discretionary
  • 13.9% Information Technology
  • 10.2% Health Care
  • 9.1% Financials
  • 8.5% Energy
  • 7.3% Consumer Staples
  • 6.6% Telecommunications Utilities
  • 5.7% Materials
  • 3.7% Money Market

Holdings by asset type

  • 21.6% Swedish Equities
  • 17.2% Norwegian Equities
  • 13% US Equities
  • 11.1% Danish Equities
  • 7.8% South Korean Equities
  • 7.1% German Equities
  • 4.8% Swiss Equities
  • 4.4% International Equities
  • 3.7% Money Market
  • 3.5% Russian Equities

Individual holdings

  • 5.71% SAMSUNG ELECTRONICS CO
  • 5.34% CARLSBERG
  • 5.01% CONTINENTAL AG
  • 4.53% NORWEGIAN AIR SHUTLE ASA
  • 4.09% CITIGROUP INC
  • 4.05% KINNEVIK
  • 3.72% NOVO-NORDISK AS
  • 3.44% HENNES & MAURITZ AB
  • 3.23% ERICSSON NIKOLA TESLA
  • 2.93% ROCHE HLDG AG