Kat­la Fund - Glob­al Eq­ui­ty

Katla Fund – Global Equity invests in international operating companies which the fund managers consider to have a lasting competitive advantage.

The focus is on investing in reliable operating companies which have demonstrated high and stable profitability, are moderately leveraged and have significant potential for organic growth. The fund invests in those companies, sectors and regions which the fund managers believe are most likely to yield the best investment returns.

The objective of the fund is to seek long-term return by outperforming the MSCI World index. The fund is suitable for investors who wish to diversify risk by investing in international equities and who are willing to accept considerable volatility in returns.

Investing in the fund involves various risks that may affect returns and could lead to the partial or total loss of invested capital. Before investing, investors should carefully review the Prospectus, Fact Sheets, and Key Information Documents, and consider their personal financial and tax situations.

The value of SICAV shares can fluctuate due to market, economic, political, and environmental factors. Key risks include:

• Market & Equity Risk:

Prices of securities can vary significantly, especially for equities or IPOs.

• Bond & Interest Rate Risk:

Bond values can fall when interest rates rise or when issuers face credit issues.

• Credit & Counterparty Risk:

Issuers or transaction partners may fail to meet obligations.

• Foreign Exchange & Liquidity Risk:

Currency movements and limited market liquidity may impact returns.

• Emerging Market Risk:

Political instability, weak regulations, or unreliable data can increase risk exposure.

• Concentration Risk:

Focused investments in specific sectors, regions, or asset types can heighten volatility.

• Derivative Risk:

Use of financial derivatives can amplify gains or losses and introduce leverage risks.

• UCI & Securities Lending Risk:

Investments through other funds or lending activities can lead to additional fees, liquidity issues, or loss of rights.

• Tax Risk:

Changes in tax laws or withholding taxes may reduce returns.

• ESG-Related Risks:

Applying environmental, social, and governance (ESG) criteria may limit investment opportunities and cause performance differences compared to non-ESG funds.

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.