Established Icelandic asset management company whose role is to manage clients’ assets with their best interests as the guiding principle.
Please note that this is not a binding agreement but marketing material. Kindly review the fund’s prospectus and key information, and do not base your final investment decision solely on this information.
Past performance is not a reliable indicator of future performance.
Source: Stefnir hf.
Position name | Market value | Ratio |
Stefnir - Innlend hlutabréf hs. | 1,054.4 m.kr. | 16.2% |
Stefnir - Skuldabréfaval hs. | 633.6 m.kr. | 9.7% |
Stefnir - Vaxtasjóður hs. | 566.8 m.kr. | 8.7% |
Katla Fund - Global Equity/UCITS - B class | 398.5 m.kr. | 6.1% |
iShares MSCI World Screened / UCITS & ETF | 359.7 m.kr. | 5.5% |
iShares MSCI World Quality Dividend Adv UCITS ETF | 352.2 m.kr. | 5.4% |
Stefnir - ÍS 5 hs. | 332.1 m.kr. | 5.1% |
Stefnir - Innlend hlutabréf Vogun hs. | 287.6 m.kr. | 4.4% |
SÍL 3 hs. | 215.7 m.kr. | 3.3% |
Stefnir - Ríkisverðbréfasjóður langur hs. | 208.2 m.kr. | 3.2% |
Stefnir – Balanced Fund is a alternative investment fund marketed towards the public and is therefore authorized to invest in bonds, equities and alternative investments.
The fund invests partly in companies which are aiming to obtain a stock market listing. The goal of the fund is to actively invest the financial resources of unit holders by taking advantage of the best current opportunities in Iceland and abroad as identified by the Management Company. The focus is on investing in funds rather than shares in individual companies in order to further diversify risk.
Stefnir – Balanced Fund was set up in 1996 and has the most members of any fund run by Stefnir, with around 4,200 unit holders.
Minimum | Maximum | |
|---|---|---|
Listed Icelandic bonds | 0% | 25% |
Listed Icelandic equities | 0% | 50% |
Bonds and bills issued by or guaranteed by the Icelandic government | 0% | 50% |
Listed international securities/financial instruments | 0% | 50% |
Unit in collective investments funds* | 25% | 100% |
Other collective investment fund, institutional investor funds* | 0% | 20% |
Deposits of financial Institutions | 0% | 50% |
Other financial instruments than those listed above | 0% | 10% |
* Applies both to fixed income funds and equities funds. Individual funds may also be authorized to invest in other financial instruments which Stefnir Balanced Fund is authorized to invest in.
Investing in financial instruments always involves a financial risk, such as the risk that the investment will not generate a return or that the principal amount will be lost. Past returns are not a reliable indicator of future returns. It should be noted that the risk of an investment increased if it is financed using credit and investment returns can fluctuate. The taxation of investments depends on the circumstances of each individual client and can change in the future. Therefore, it is important for investors to investigate themselves how the investment is taxed.
Investors are encouraged to carry out their own checks and analysis, e.g. reading the appropriate information documents and independently assessing such documents before making a decision on a specific investment. The prospectus and key investor information for Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds marketed towards the public contain further information on the relevant fund, including risk and whether the fund is classed as a UCITS or an alternative investment fund marketed towards the public. You can read the prospectus and key investor information for each fund on Stefnir’s website by clicking on the name of that fund.This information is provided for information purposes only and it should not be interpreted as advice to make a particular investment or as advice to buy, sell or dispose of in any other way specific financial instruments.
This information is based on sources which Stefnir considers to be reliable, but it cannot be guaranteed that these sources are correct. Stefnir bears no responsibility for decisions or transactions which people may make on the basis of the information set out here.
The fund invests in a mix of bonds and equities, both domestically and internationally, with emphasis on good diversification and active management. It is suitable for investors who want a balance between risk and return and are looking for long-term savings with medium-low risk. The recommended minimum investment period is three years.
