Fact sheet: SKAGEN Vekst

Fund information

Fund name
SKAGEN Vekst A GBP
Fund company manager
SKAGEN
Fund type
SIB
Fund manager
Ole Soeberg
since 01/05/2011
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

18.01 %

1 Year rank in sector

64/470

Sector

FO Equity - International

Yield
-
Fund size

£ 740.4 m

FE Risk score

108

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    25.9%
  • Sweden
    23.1%
  • Norway
    18.7%
  • USA
    13.4%
  • Denmark
    10.8%
  • Others
    34.1%
  • Industrials
    18.1%
  • Consumer Discretionary
    14.6%
  • Information Technology
    14.4%
  • Health Care
    9.6%
  • International Equities
    25.9%
  • Swedish Equities
    23.1%
  • Norwegian Equities
    18.7%
  • US Equities
    13.4%
  • Danish Equities
    10.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.87 %5.45 %18.01 %28.03 %59.26 %
Sector0.15 %5.45 %12.57 %22.39 %57.57 %
Rank within sector136 / 502265 / 49264 / 470138 / 374144 / 285
Quartile th2 nd3 rd1 st2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund10.53 %28.22 %-3.73 %-0.97 %12.51 %
Sector9.97 %7.94 %0.71 %5.96 %21.26 %
Rank within sector230 / 48722 / 443324 / 393307 / 347281 / 306
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha2.5
Beta0.97
Sharpe0.43
Volatility11.95
Tracking error7.96
Information ratio0.25
R-Squared0.55

Price movement

52 week high216.942
52 week low176.4759
Current bid price0
Current offer price0
Current mid price215.8001

Holdings by region

  • 25.9% Others
  • 23.1% Sweden
  • 18.7% Norway
  • 13.4% USA
  • 10.8% Denmark
  • 8.1% Korea

Holdings by sector

  • 34.1% Others
  • 18.1% Industrials
  • 14.6% Consumer Discretionary
  • 14.4% Information Technology
  • 9.6% Health Care
  • 9.2% Energy

Holdings by asset type

  • 25.9% International Equities
  • 23.1% Swedish Equities
  • 18.7% Norwegian Equities
  • 13.4% US Equities
  • 10.8% Danish Equities
  • 8.1% South Korean Equities

Individual holdings

  • 5.89% SAMSUNG ELECTRONICS CO
  • 5.58% CARLSBERG
  • 4.8% NORWEGIAN AIR SHUTLE ASA
  • 4.68% CONTINENTAL AG
  • 4.52% KINNEVIK
  • 4.49% CITIGROUP INC
  • 4% NOVO-NORDISK AS
  • 3.9% HENNES & MAURITZ AB
  • 3.49% ERICSSON NIKOLA TESLA
  • 3.2% TELIA CO AB