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 - Sjálfbær skuldabréf hs. | 26.7 m.kr. | 17.5% |
State Street World Unive. Index Equity Fund- USD | 25.4 m.kr. | 16.6% |
iShares MSCI World Screened / UCITS & ETF | 23.3 m.kr. | 15.2% |
Stefnir - Scandinavian Fund - ESG hs. | 19.6 m.kr. | 12.8% |
JPMorgan Funds - Global Bond Opport. ESG - A USD | 13.9 m.kr. | 9.0% |
Fidelity - Global Eq.Income ESG - AE | 13.4 m.kr. | 8.8% |
Fidelity - Climate Transition Bond - A AEH | 11.0 m.kr. | 7.2% |
Lánasjóður sveitarfélaga ohf. | 8.5 m.kr. | 5.5% |
Stefnir - Vaxtasjóður hs. | 7.0 m.kr. | 4.6% |
Katla Fund - Global Equity/UCITS - B class | 4.4 m.kr. | 2.8% |
Stefnir – Green Selection is a mixed UCITS which primarily invests in domestic and international equities and corporate bonds issued by companies which are guided by ESG factors in their operations. The goal of the fund is to generate long-term sustainable investment returns. The fund chiefly invests in other funds to further diversify risk. Investments are made in accordance with Stefnir hf.’s policy on responsible investment.
Total weight | Thereof in foreign currency | |
|---|---|---|
Deposits of financial institutions, including green deposits | 0-50% | 0-50% |
Money market instruments | 0-50% | 0-50% |
Bonds and bills issued by or guaranteed by the Icelandic government or municipality | 0-50% | 0-50% |
Other bonds and bills | 0-50% | 0-50% |
Unlisted bonds and bills | 0-10% | 0-10% |
UCITS | 0-100% | 0-100% |
Alternative investment funds | 0-30% | 0-30% |
- Marketed towards the public | 0-30% | 0-30% |
- Other funds for collective investment | 0-20% | 0-20% |
Listed equities | 0-80% | 0-80% |
Unlisted equities | 0-10% | 0-10% |
The information provided here has not been independently reviewed.
Stefnir hf. operates as an alternative investment fund manager pursuant to Act No. 45/2020 on Alternative Investment Fund Managers, and UCITS pursuant to Act No. 116/2021 on Undertakings for Collective Investment in Transferable Securities (UCITS).
Please note that investing in unit shares involves a certain amount of risk. Investments can fall in value or lose all of their value. An alternative investment fund is generally considered to represent a higher risk investment than a UCITS. The greater risk associated with alternative investment funds is a result of its broader investment limits which could result in less risk distribution than in a UCITS.
Funds' investment returns are generally presented as nominal returns. Investment returns on Stefnir's website and promotional material connected to the funds show nominal returns, unless otherwise stated. All returns are calculated in Icelandic krónur
Stefnir hf. has divided its funds into seven different categories depending on the standard deviation in weekly returns over the past 5 years. Category 1 is the least volatile, while category 7 is the most volatile. A fund can be moved into a different category if the volatility of the underlying financial instruments changes. The categorization is based on guidelines issued by the European Securities and Markets Authority. Previous returns on investments in funds are no indication of future returns on investments. Categorizing funds according to the volatility of returns does not reflect all risks involved in the funds' investments. For example, the categorization does not take into account possible defaults by the issuers of financial instruments in which the fund has invested, or other risk factors. The categorization of the funds is subject to the above provisos.
Deposits of funds for collective investment are not insured under Act No. 98/1999 on Deposit Guarantees and Investor Compensation Schemes.
Further information on the fund, including more detailed information on the risk inherent in investing in unit shares, can be found in the fund’s prospectus or KID.
The fund invests in domestic and foreign companies that emphasize sustainability and good governance, both in bonds and equities. It is suitable for investors who want to focus on social responsibility and sustainable returns with moderate risk. The recommended minimum holding period is three years.
