The fund invests primarily in bonds and certificates issued or guaranteed by governments from around the world.
The objective is to provide the best possible risk adjusted return.
The fund is suitable for those with at least a three year investment horizon. Investors must be able to tolerate currency fluctuations.
Latest status report for the fund:
The current benchmark index is the JP Morgan's GBI Broad Unhedged. The benchmark index prior to 1/1/2013 was the Barclay's Capital Global Treasury Index 3-5 years. Returns over 12 months are annualised.
On 31/10/2016 the methodology for the yield calculation was changed to be in line with the benchmark (from average yield to yield to maturity). The change caused an increase in the number displayed.
Latest price is not necessarily today's price. Periods over one year are not annualised. The fund price (NAV) for the bond fund SKAGEN Tellus and the benchmark index do not match as they are set at different points in time.
|Start||AUM*||Min. purchase||Benchmark index||ISIN|
|29/09/2006||111 mill. EUR||50.00 EUR||J.P. Morgan GBI Broad Unhedged Index in EUR||NO0010327786|
as of 31/01/2017 - 78.32 % of all investments
US Treasury N/B
Croatia Government International Bond
REPUBLIC OF CHILE
NEW ZEALAND GOVERNMENT
REPUBLIC OF PERU