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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
  2. ▸
  3. Icelandic Growth Fund Leveraged

Stefnir - Ice­landic Growth Fund Lever­aged

Þetta er markaðsefni

Athugið að þetta er ekki bindandi samningur heldur markaðsefni. Vinsamlega skoðaðu útboðslýsingu verðbréfasjóðsins og lykilupplýsingar og byggðu ekki endanlega fjárfestingarákvörðun eingöngu á þessum upplýsingum.

Who is this fund suit­able for?

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.

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Risk indicator
A fund's risk indicator reflects its overall level of risk. A higher value indicates greater risk, which may lead to higher returns or losses. The risk is based on fluctuations in the value of the underlying assets.
Recomm­ended hold­ing per­i­od
The recommended holding period is the minimum period investors are advised to hold the fund, taking into account its investment strategy and fluctuations in returns.
Invest in fundsKID

Investment policy

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.

Documents

KID
Prospectus
Financial statements
Skattamál sjóða

Investment Authorizations

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%

Disclaimer

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.