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Morningstar Fund Awards 2016


The fund invests primarily in Norwegian kroner denominated bonds and certificates – as well as bonds and certificates issued or guaranteed by governments from around the world.

The objective is to provide the best possible risk adjusted return.

The fund is suitable for those with at least a one year investment horizon.

Read about our investment philosophy

Fishermen pulling the net
Oscar Björck, Launching the boat. Skagen, 1884. The painting is manipulated and belongs to The Art Museums of Skagen.
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The benchmark index is the ST4X. Returns over 12 months are annualised. The benchmark index does not fully represent the Fund's risk profile and mandate. The Fund's fluctuations in return can therefore be higher than for the benchmark index.

Calculate fund return (in EUR)

Start AUM* Min. purchase Benchmark index ISIN
16/09/1994 158 mill. EUR 50.00 EUR ST4X NO0008000452
*Data at fund level, inclusive of all unit classes, as of month end. Updated on the 10th of each month.

Jane Tvedt

Portfolio Manager
SKAGEN Tellus,
SKAGEN Avkastning

as of 31/01/2020 - 43.39 % of all investments

All investments

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager's skill, the fund's risk profile and management fees. The return may become negative as a result of negative price developments.