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 |
Orkuveita Reykjavíkur | 53.8 m.kr. | 16.2% |
Heimar hf. | 42.3 m.kr. | 12.7% |
Kaldalón hf. | 41.1 m.kr. | 12.4% |
Reykjavíkurborg | 40.6 m.kr. | 12.2% |
Ljósleiðarinn ehf. | 36.5 m.kr. | 11.0% |
Sveitarfélagið Árborg | 28.8 m.kr. | 8.7% |
Nordiska Investeringsbanken | 21.5 m.kr. | 6.5% |
Arion banki hf. | 19.9 m.kr. | 6.0% |
Brim hf. | 19.7 m.kr. | 5.9% |
Íslandsbanki hf. | 19.1 m.kr. | 5.7% |
The fund’s investments seek to generate returns on a portfolio of domestic and international bonds issued by governments, companies, financial institutions, public authorities or other companies with the goal of sustainability. This goal might mean having a positive environmental impact as well as positive social impact.
Minimum | Maximum | |
|---|---|---|
Sustainable bonds in ISK listed on Nasdaq Iceland sustainable bond market | 0% | 100% |
Sustainable bonds in ISK, unlisted | 0% | 50% |
Sustainable bonds in foreign currency | 0% | 80% |
Government bonds | 0% | 80% |
Deposits or bills issued by financial institutions | 0% | 50% |
Derivatives | 0% | 10% |
UCITS pursuant to Act No. 128/2011 and funds for collective investments pursuant to Act No. 45/2020 which invest in sustainable bonds | 0% | 10% |
Investments made pursuant to the above in unlisted financial instruments may represent a total of up to 50% of the Fund's total assets, cf. Article 4 (8) of the fund’s rules.
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 domestic and foreign bonds that support sustainability. It is suitable for those who want income streams with low risk and emphasize social impact. The recommended minimum investment period is two years.
