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Half year report: Europe's divorce can create opportunities

Brexit dominated the news flow in the quarter. But while the post-Brexit debate rages on, SKAGEN continues to analyse companies, not politics.

Date: 14/07/16

Front page of half year reportBeing able to go against the flow to buy cheap stocks is a good recipe for generating attractive long-term returns for the patient investor.

Read more about this and how the funds have performed during the second quarter. The fund managers also explain how the portfolios are positioned to take advantage of opportunities going forward.

Read the half year report 2016 (PDF)

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

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