Prospectus upddates
Lysaker, 21 May 2024
The prospectuses have been updated with new cut-off time for
first-hand sales (issuance and redemption) of fund units with the
Management Company. Effective as of today, the new cut-off is 1300
CET (from 1500 CET).
The new cut-off time accommodates for shorter settlement
periods
The background for this change is that the U.S. Securities and
Exchange Commission (SEC) has implemented amendments to the rule
that will reduce the standard settlement cycle for most
broker-dealer transactions from T+2 to T+1. This means the time
between the transaction date and the settlement date, traditionally
two business days (T+2), will now be shortened to one business day
(T+1) for US securities. Due to shortening of the settlement
cycle for U.S. securities, many companies in the financial sector,
such as Storebrand, needs to make changes in our operational
processes in order to meet the new requirements. Hence, Storebrand
Asset Management AS are updating the cut-off time to accommodate
the shorter settlement period. For funds managed by Storebrand
Asset Management AS, the cutoff time will shift from 15:00 to
13:00.
Does not directly affect secondhand sales at Nasdaq
Copenhagen.
The new cut-off doesn’t affect the secondhand sales of fund
certificates with Nasdaq, as such trades doesn’t directly cause the
issuance or redemption of fund units.
General updates of the Prospectuses
In addition to the above, the Prospectuses have also been
subject to general updates, including Board Members and
renumerations of the Board and CEO.
The Prospectuses can be found herein, or at www.storebrand.com
and www.skagenfondene.dk.
RegardsStorebrand Asset Management AS
Contacts:
Kim Toftegaard Andreassen, Director,
Kim.Toftegaard.Andreassen@storebrand.com
Frode Aasen, Product Manager, fdc@storebrand.com
Fund name
and share class |
Symbol |
ISIN |
SKAGEN Focus
A |
SKIFOA |
NO0010735129 |
SKAGEN Global
A |
SKIGLO |
NO0008004009 |
SKAGEN Kon-Tiki
A |
SKIKON |
NO0010140502 |
SKAGEN m2 A |
SKIM2 |
NO0010657356 |
SKAGEN Vekst
A |
SKIVEK |
NO0008000445 |
Storebrand Indeks
– Alle Markeder A5 |
STIIAM |
NO0010841588 |
Storebrand Indeks
– Nye Markeder A5 |
STIINM |
NO0010841570 |
Storebrand Global
ESG Plus A5 |
STIGEP |
NO0010841604 |
Storebrand Global
Solutions A5 |
STIGS |
NO0010841612 |
Storebrand Global
Multifactor A5 |
STIGM |
NO0010841596 |
Storebrand is Norway's largest private asset manager with an AuM
of around DKK 800 billions, and also a leading Nordic provider of
sustainable pensions and savings. The company has been a global
pioneer in ESG investing for over 25 years, offering broad and
scalable solutions for both institutional and private investors in
the Nordic region and other European countries. Storebrand delivers
sustainable investment solutions and client value through a
multi-boutique platform, with the brands Delphi Funds, SKAGEN Funds
and Storebrand Funds.
- 20240521 EN-Prospectus-SKAGEN-Focus
- 20240521 EN-Prospectus-SKAGEN-Global
- 20240521 EN-Prospectus-SKAGEN-Kon-Tiki
- 20240521 EN-Prospectus-SKAGEN-m2
- 20240521 EN-Prospectus-SKAGEN-Vekst
- Storebrand Global ESG Plus Prospectus_ENG
- Storebrand Global Multifactor Prospectus_ENG
- Storebrand Global Solutions Prospectus_ENG
- Storebrand Indeks - Alle Markeder Prospectus_ENG
- Storebrand Indeks - Nye Markeder Prospectus_ENG