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SKAGEN Focus A NOK

Ranked 207 out of 340 in - Global over 12 months
All calculations are in EUR unless stated

Managed by

Jonas Edholm

Filip Weintraub

Born in 1973 in Stockholm, Sweden, Filip Weintraub gained a BA in Economics from the Pacific Lutheran University, USA. He is a qualified Chartered Financial Analyst. Filip began his career in 1995 as a financial analyst at Albina Fuel Co in Portland, Oregon. In 1997, he joined Crabbe Huson group in Portland and worked as a portfolio manager, and later joined LF Capital in New York in 2000 where he became Vice President of the company. In 2001, he joined SKAGEN Funds and managed the SKAGEN Global Fund until 2010. Between 2010 and 2015 he was founder and portfolio manager at Labrusca Family Office, Stockholm. In 2015, he returned to SKAGEN Funds to run the high-concentration SKAGEN Focus fund. Filip applies an active stock picking bottom-up approach focusing on individual companies, independent of geographic markets and industries.

Objective

The Fund is a concentrated global equity fund investing in undervalued, under-researched and unpopular companies with opportunities for good risk-adjusted returns. The core of the portfolio consists of 35 selected companies with the potential for high returns. A concentrated portfolio may result in greater fluctuations compared to a portfolio with several companies.

Showing fund performance in Netherlands View performance globally

Performance

Global over : 30/11/2016 - 30/11/2017
  • Rank 207/340 Total Return
  • Rank 244/340 Standard Deviation
  • Rank 254/340 Max Drawdown

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.5% -1.6% -0.2%
2016 18.2% -5.5% 5.6% 9.5% 8.2%
2015 -14.7% 7.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
American International Group Inc ORD 6.89
NOK Cash 5.85
Andeavor ORD 5.01
Taiheiyo Cement Corp ORD 4.75
Teva Pharmaceutical Industries Ltd DR 3.74
SoftBank Group Corp ORD 3.64
China Telecom Corp Ltd ORD 3.46
Bank of Kyoto Ltd ORD 3.27
UniCredit SpA ORD 3.25
Carlsberg A/S ORD 3.22
30/06/2017

Registered For Sale In

  1. Belgium
  2. Denmark
  3. Finland
  4. France
  5. Germany
  6. Ireland
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date26/05/2015
  • Share Class size1,948Mn
  • Base currencyNOK
  • ISIN NO0010735129

Purchase Info

  • Min. initial investment250
  • Min. regular additional investment250

Charges

  • Annual management1.60%

Related News

Skagen's Weintraub seeks defensive solace in small-cap names

The high conviction global equity manager is searching out more solid foundations amid smaller players following last summer's market struggles.

Skagen’s Weintraub puts dough to work with bakery purchase

High-conviction investor cuts cash reserves in half to bolster positions and add Swiss consumer company.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).