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Stefnir hf.

Established Icelandic asset management company whose role is to manage clients’ assets with their best interests as the guiding principle.

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About Stefnir

Stefnir hf. is an independent financial company according to Act No. 161/2002 on Financial Undertakings. The company operates on the basis of an operating license from the Financial Supervisory Authority of the Central Bank of Iceland as a manager of UCITS pursuant to Act No. 116/2021 on Undertakings for Collective Investment in Transferable Securities (UCITS) and as an alternative investment fund manager pursuant to Act No. 45/2020 on Alternative Investment Fund Managers. The company’s operating license also applies to asset management, investment advice, and the custody and management of unit shares or shares in funds for collective investment.

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Open weekdays 9-16

+354 444 7400

stefnir@stefnir.is

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Stefnir hf.

Borgartúni 19, 105 Reykjavík

SSN: 581008 - 0150

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  1. Funds
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  3. About funds
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  5. Older funds

Old­er funds

Status of older funds

Here you can find information on the status of older funds. Funds may have been closed, renamed, or merged with other similar funds.

When such changes occur, unitholders are notified by letter. However, in some cases, this information may not always reach the intended recipients. For this reason, all changes since 2003 are listed here.

Global Equities

Description

Global Equity Class

Merged with International Growth in January 2004

Global Technnology Class

Merged with International Growth in January 2004

Einingarbréf 6

Closed in January 2004

European Equity

Closed in January 2004

Kaupthing Global Growth

Renamed in 2004 to Kaupthing International Growth

Kaupthing Global Value

Renamed in 2004 to Kaupthing International Value

Kaupthing Fund - Global Equities

Renamed to Ålandsbanken SICAV: Global Growth in September 2010

Stefnir - Green Growth Fund

Merged with Stefnir – Foreign Equities (EUR class) in June 2011

Stefnir - Erlend hlutabréf

Merged with Stefnir – Scandinavian Fund (KAUPSCF IR) on August 31, 2017

Katla Fund - Scandinavian Equities

Liquidated in November 2017 (100% payout)

Global Equities (Fund of Funds)

Description

Nýtækni hlutabréfasjóðurinn

Merged with KMS Global Sector in November 2003

Global Equity (International Equity Fund)

Renamed in 2004 to KMS Global Equity

Global Sector (International Sector Fund)

Renamed in 2004 to KMS Global Sector

Kaupthing Global Equities

Renamed in 2004 to KMS Global Styles

Kaupthing America

Renamed in 2004 to KMS North America

Kaupthing Europe

Renamed in 2004 to KMS Europe

Kaupthing Asia

Renamed in 2004 to KMS Pacific

Kaupthing Emerging Markets

Renamed in 2004 to KMS Emerging Markets

KIF BRIC

Renamed in April 2007 to KMS BRIC

KIF GLOBAL EQUITY

Renamed in April 2007 to KMS Global Equity

KMS Emerging markets

Closed and paid out in April 2010

Kaupthing Fund Nordic Growth

Transferred to Ålandsbanken as SICAV: Nordic Growth (Sept. 2010)

KMS BRIC (ISK varinn)

Merged with KMS BRIC EUR (BISECTR LX) on June 11, 2012

KMS Global Equity (ISK varinn)

Merged with KMS Global Equity (BIEQUIT LX) on June 11, 2012

KMS Bric

Renamed on Aug 21, 2015 to KMS Emerging Markets

KMS Emerging Markets (BISECTR LX)

Merged with KMS Global Equity (BIEQUIT LX) on Aug 10, 2016

KMS Global Equity (BIEQUIT LX)

Merged with KF Global Value (KAUGVAA LX) on Feb 17, 2017

Balanced funds

Description

Einingarbréf 1

Renamed in 2003 to Eignastýringarsjóður

Verðbréfaval 1

Merged with Stefnir - Balanced Fund in January 2014

Verðbréfaval 2

Merged with Stefnir - Balanced Fund in January 2014

Stefnir - Eignastýringarsjóður

Merged with Stefnir - Balanced Fund (STEFBAL IR) on 17. May 2017

Mixed bonds

Description

Stefnir - Kjarabréf

Merged with Stefnir – Government Bonds Medium in June 2024

Stefnir – Ríkisvíxlasjóður

Merged with Stefnir - Trea­sury Note Fund on 17. November 2016

Stefnir - Ríkisverðbréfasjóður stuttur

Liquidated on November 10, 2015 (100% payout)

Stefnir - Skuldabréf stutt

Liquidated on November 10, 2015 (100% payout)

Einingabréf 7

Renamed in December 2001 to Peningamarkaðsjóður

Peningamarkaðsbréf

Merged with Einingabréf 7 in December 2003

Skammtímabréf

Merged with Veltubréf BÍ in December 2003

Veltubréf BÍ

Renamed in December 2003 to Short-Term Fund

Einingabréf 11

Merged with Hávaxtasjóður BÍ in December 2003

Hávaxtabréf BÍ

Renamed in December 2003 to Hávaxtasjóður

Spariskírteinadeild

Merged with Einingabréf 2 in December 2003

Einingabréf 10

Merged with Einingabréf 2 in December 2003

Einingabréf 2

Renamed in December 2003 to Stefnir – Government Bonds Medium

Eignarskattsfrjálsi sjóður BÍ

Merged with Einingabréf 2 in December 2003

Einingabréf 8

Merged with Húsbréfadeild in December 2003

Langtímabréf BÍ

Merged with Húsbréfadeild in December 2003

Hávaxtasjóður

Liquidated in June 2014

Húsbréfadeild

Renamed in December 2003 to Stefnir – Government Bonds Long

Tekjubréf

Closed in June 2003

Markbréf

Closed in May 2007

Kaupþing Peningamarkaðssjóður*

Closed in November 2008 (payout ratio 85.3%)

Kaupþing Skammtímasjóður*

Closed in November 2008 (payout ratio 75.1%)

Kaupþing Skuldabréf Millilöng

Closed in January 2009

Kaupþing Skuldabréf Löng

Closed in January 2009

Fjárfestingarsjóðurinn ÍS-15

Heildarvísitölusjóður and ÍS-15 merged with Fjárestingarsjóðinn ÍS-15

Ríkisverðbréfadeild

Merged with Stefnir – Government Bonds Medium in December 2003

KB Erlend Skuldabréf

Liquidated in April 2015 (payout ratio 87.74%)

Icelandic Equities

Description

Íslensk hlutabréf

Merged with Úrvalsvísitölusjóður BÍ in December 2003

Úrvalsvísitölusjóður BÍ

Renamed in December 2003 to Úrvalsvísitölusjóður

Hlutabréfasjóður Búnaðarbanka

Renamed in December 2004 to KB Samval

Kaupþing Heildarvísitölusjóður

Merged with ÍS-15 under the name Stefnir ÍS-15 in June 2009

Einingabréf 9

Merged with ÍS-15 under the name Stefnir ÍS-15 in June 2009

Úrvalsvísitölusjóður

Closed in July 2009

ICEQ - ETF

Closed in 2009

Other

Description

Kaupthing Euro Bond

Renamed in February 2007 to Kaupthing Fund Global Bond