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A trade war occurs when a nation imposes import tariffs or quotas to protect domestic businesses, and foreign countries retaliate with similar measures. Although SKAGEN invests bottom-up, our portfolio managers consider trade alongside other economic and political factors as part of their company analysis.
In the final quarter of the year, markets were cheered by signs that the manufacturing cycle may ...
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.
