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 |
JBT Marel Corp. | 311.8 m.kr. | 15.5% |
Arion banki hf. | 219.8 m.kr. | 11.0% |
Hagar hf. | 159.7 m.kr. | 8.0% |
Festi hf. | 154.7 m.kr. | 7.7% |
Oculis Holding AG | 141.0 m.kr. | 7.0% |
Sjóvá-Almennar tryggingar hf. | 119.7 m.kr. | 6.0% |
Eik fasteignafélag hf. | 118.0 m.kr. | 5.9% |
Brim hf. | 115.9 m.kr. | 5.8% |
Síldarvinnslan hf. | 107.7 m.kr. | 5.4% |
Skagi hf. | 97.7 m.kr. | 4.9% |
The objective of the Fund is to invest primarily in shares of Icelandic limited companies and companies operating in Iceland which are listed on NASDAQ, First North, or another recognized stock exchange. The Fund is also permitted to invest in Icelandic private equity.
Stefnir – Icelandic Growth Fund Leveraged is an alternative investment fund marketed towards the public investing in investment options considered most likely by the management company to yield the best returns. The Fund can invest in listed and unlisted high risk financial instruments. The Fund can use leveraging and derivatives. Leveraging can lead to more volatility in the Fund’s performance and the risk of loss.
Minimum | Maximum | |
Shares listed on Nasdaq Iceland and First North | 25% | 100% |
Shares listed abroad (companies with operations in Iceland) | 0% | 75% |
Unlisted domestic shares | 0% | 25% |
Financial institution deposits | 0% | 75% |
Derivative positions | 0% | 50% |
Specialized funds according to Article 89, Paragraph 1, Item 6 of Act No. 45/2020 | 0% | 20% |
Convertible bonds | 0% | 25% |
Other financial instruments than those mentioned above | 0% | 20% |
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 listed Icelandic equities or companies with operations in Iceland and can utilize leverage and derivatives. It is suitable for investors seeking higher returns and who can tolerate some fluctuations in returns. The recommended minimum investment period is three years.
