Skip to main content

The content on this page is marketing communication

Intrinsic value

The objective of the intrinsic value calculation is to provide as accurately as possible the price or net asset value (NAV) of the fund per unit at a given point in time. The intrincic value that SKAGEN Funds determines for its fund units is the value of the fund's assets minus liabilities divided by the number of outstanding units in the fund. Hence, the calculation of intrinsic value gives an indication but does not provide a guarantee for the daily calculations of price (NAV). The intrinsic value is determined three times a day on all opening days for the Oslo Stock Exchange (business days).

Fund Latest price Date 09:15 10:45 14:45
SKAGEN Global A 249.35 EUR 03/10/2022 248.92 EUR 247.74 EUR -
SKAGEN Kon-Tiki A 83.75 EUR 03/10/2022 83.03 EUR 83.01 EUR -
SKAGEN Focus A 14.78 EUR 03/10/2022 14.69 EUR 14.68 EUR -
SKAGEN Vekst A 312.67 EUR 03/10/2022 310.58 EUR 310.63 EUR -
SKAGEN m2 A 22.10 EUR 03/10/2022 22.00 EUR 21.88 EUR -
SKAGEN Tellus A 10.08 EUR 03/10/2022 10.08 EUR 10.07 EUR -

The calculation of intrinsic value is no guarantee for what the base price will be on the relevant day.

When a fund is listed on the stock exchange it is obliged to calculate and publish the intrinsic value three times a day on the stock exchange's website. This is to ensure that investors who deal in the units of SKAGEN Funds avoid buying and selling at prices that deviate greatly from the fair value (intrinsic value). In order to comply with the principle of equal information to all unitholders, we also report the intrinsic value for the relevant funds on our website.


Price setting in the funds

We set prices for our funds on all working days in Norway. All prices are calculated based on the current day's market developments.

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. An overview of costs can be found at www.skagenfunds.com/costs.

keyboard_arrow_up