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Change to the portfolio management of SKAGEN m2

Portfolio Manager Anne Line K. Larsen has decided to leave SKAGEN. Following her departure, SKAGEN m2 will continue to be managed by Lead Portfolio Manager Michael Gobitschek, who has led the real estate equity fund since 2014. He will remain supported by the firm’s experienced investment team.

Date: 16/04/25

Anne Line K. Larsen

“SKAGEN m2 remains in very capable hands with Michael who has been Portfolio Manager of the global property equity fund since inception in 2012 and Lead Portfolio Manager since 2014. Michael will continue to manage the fund in the best interests of its unit holders,” commented Alexandra Morris, Investment Director.

“We would like to thank Anne Line for her valuable contribution to SKAGEN over the past seven years and wish her the very best for the future,” Morris added.

Anne Line K. Larsen’s last day at SKAGEN will be 31 July 2025. She will take up a new position as CEO of the family office Bjergsted Investering. SKAGEN has initiated the process to recruit a new team member to support Michael Gobitschek in the continued management of SKAGEN m2.

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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