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Please note that SKAGEN Focus B is solely available for purchase via distributors that have entered into an agreement with SKAGEN for the distribution of class B units.

Morningstar

SFDR classification

SKAGEN Focus is a high conviction equity fund that seeks to generate long-term capital growth by investing in a portfolio of global companies across the market capitalisation spectrum, with the majority of exposure invested in small and mid-cap companies.

Read more about the fund’s investment strategy and portfolio characteristics

Subscriptions are made in fund units and not directly in stocks or other securities.  The benchmark reflects the fund's investment mandate. Since the fund is actively managed, the portfolio will deviate from the composition of the benchmark. 

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The benchmark index is the MSCI AC.

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. 

Start AUM* Min. purchase Benchmark index ISIN
26/05/2015 3,218 mill. NOK 250.00 NOK MSCI All Country World Index NO0010735137
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*Data at fund level, inclusive of all unit classes, as of month end. Updated on the 10th of each month.
Jonas Edholm

Jonas Edholm

Portfolio Manager
SKAGEN Focus
David Harris

David Harris

Portfolio Manager
SKAGEN Focus

as of 30/06/2025 - 31.25 % of all investments

Hyundai Mobis Co Ltd

3.65 %

Acerinox SA

3.52 %

Wienerberger AG

3.28 %

Korean Reinsurance Co

3.27 %

iM Financial Group Co Ltd

3.09 %

Ayvens SA

2.96 %

CNH Industrial NV

2.95 %

Takuma Co Ltd

2.89 %

Methanex Corp

2.87 %

Samsung Fire & Marine Insurance Co Ltd

2.77 %

Portfolio holdings
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