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Storebrand Asset Management AS is a management company authorised by the Norwegian Supervisory Authority, Finanstilsynet. Storebrand Asset Management AS has its registered office at Professor Kohts vei 9, 1366 Lysaker, Norway. Storebrand Asset Management AS is part of the Storebrand Group and owned 100% by Storebrand ASA.‚Äč

Following the merger of Storebrand Asset Management AS and the original SKAGEN AS, a new SKAGEN AS has been established through which SKAGEN's portfolio team continues to manage the SKAGEN funds, while Storebrand Asset Management AS carries out the role of management company.

The new SKAGEN AS is a securities company authorised by the Norwegian Supervisory Authority, Finanstilsynet to undertake portfolio management under the Norwegian Securities Trading Act. SKAGEN has its registered office at Skagen 3, 4006 Stavanger, Norway.

SKAGEN AS is part of the Storebrand Group and owned 100% by Storebrand Asset Management AS.

Storebrand Asset Management AS has outsourced the portfolio management of the following funds to SKAGEN:

  • The equity funds SKAGEN Vekst, SKAGEN Kon-Tiki, SKAGEN Global, SKAGEN m2 and SKAGEN Focus.
  • The combination funds SKAGEN Select 15, SKAGEN Select 30, SKAGEN Select 60, SKAGEN Select 80 and SKAGEN Select 100.

The information on this page is intended as a summary of investor rights for the purposes of the European Union Cross Border Distribution Regulation (EU 2019/1156).

Should you require any further information relating to the terms of your investment, please refer to the prospectus, which may be obtained via the website

Investor Rights

Entitlement to receive certain information relating to your investment
As an investor, a copy of the latest Prospectus, KIID, Annual Report and Semi-Annual Report will be accessible on

The latest net asset value (NAV) per share of the relevant SKAGEN Fund is available on

As an investor, your right of information shall be guaranteed and any material changes to certain information contained in the prospectus provided to you before you invested shall be notified to you in accordance with applicable regulatory requirements.

Entitlement to redeem your investment

Investors are entitled to redeem their investment and receive the redemption proceeds relating to their shares within the timeframe and subject to such conditions as detailed in the prospectus of the SKAGEN Funds.

Voting rights and related matters

An investor has the right to vote in election meetings and unit holder meetings on resolutions relating to the relevant fund and/or share class thereof in accordance with the conditions set down in the prospectus.

Investors shall also be entitled to be treated fairly and equally, within the timeframe and subject to such conditions as detailed in the prospectus of the SKAGEN funds, in case of liquidation of the relevant fund or share class they are invested in.

Entitlement to make a complaint

As an investor, you are entitled to file a complaint free of charge with the management company Storebrand Asset Management. You will find more information about the complaints policy and handling of complaints here. Storebrand Asset Management is committed to addressing any complaints submitted through its complaint resolution procedure.

You may also take your complaint to your national complaints organisation or ombudsman service.

Investors who are EU/EEA residents can also file complaints through the European Commission's Online Dispute Resolution, or Make a complaint about a financial service provider in another EEA country | European Commission (

Investor rights against Storebrand Asset Management and its service providers

As an investor, you have a right of action against Storebrand Asset Management, of which you are an investor for any breach of contract.

The exercise of these rights by an investor is strictly subject to the terms and conditions of the relevant Fund documents and/or legislation from which these rights derive.

An investor has a regulatory right of action to pursue the depositary which has been appointed by Storebrand Asset Management in respect of:

  1. any loss of an asset held in the custody of such depositary or any of its delegates,
  2. or of any other losses caused by such depositary’s negligent or intentional failure to properly fulfil its obligations under applicable regulations provided that this does not lead to unequal treatment of investors in the SKAGEN funds.


You may receive further information regarding the strategy followed for:

  1. the exercise of voting rights,
  2. the conflict of interest policy,
  3. the best execution policy

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