SKAGEN Kon-Tiki A USD (FUND:B1SJ1H9) - Overview

Fund Report

SKAGEN Kon-Tiki A (USD)

Key Stats
Morningstar® CategoryGlobal Emerging Markets Equity
Manager NameKnut Harald Nilsson
Inception Date05/04/2002
NAV 09/12/2016USD 84.01
Day Change-0.28%
12 Month Yield-
ISINNO0010140502
SEDOLB1MFVK6
Dividend Frequency-
Net Assets (mil) 31/10/201632,481.70 NOK
Wrapper AvailabilityAll
Our Minimum Initial Investment100.00 USD
Pricing FrequencyDaily
Dealing Cut off Time14:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.30%
Custody ChargeYes
Fund Ongoing Charge2.00%
AMC2.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 31/10/2016

Benchmarks

Fund Benchmark

MSCI EM NR USD

Morningstar® Benchmark

MSCI EM NR USD

Morningstar Analyst Rating™

Bronze

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund13.229.70-9.66-16.356.57
Category17.13-1.38-2.79-14.388.89
Benchmark18.22-2.60-2.19-14.9210.94
  • Fund: SKAGEN Kon-Tiki A (USD)
  • Category: Global Emerging Markets Equity
  • Benchmark: MSCI EM NR USD
Trailing Returns % (USD) 09/12/2016
FundCatBmark
YTD8.5511.1312.89
3 Years Annualised-6.02-2.71-2.36
5 Years Annualised0.001.251.21
10 Years Annualised3.851.602.31

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund’s objective is to provide the unit holders with the best possible return based on the risk they have undertaken through an actively managed portfolio of equities in companies whose business is in or related to emerging markets. SKAGEN Kon-Tiki has an international investment mandate, but is required to invest at least 50 % of the fund’s assets in emerging markets, meaning countries or markets that are not included in the MSCI Developed Market Series. The fund’s aim is to find high quality companies at a low price, which are characterized by being undervalued, under-researched and unpopular. To reduce risk, the fund seeks to maintain a sensible geographical and sector balance.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Samsung Electronics Co Ltd Technology5.14
Chemical Works of Gedeon Richter PLC Healthcare4.49
Naspers Ltd Class N Technology4.40
IncreaseHaci Omer Sabanci Holding AS Financial Services4.36
X5 Retail Group NV GDR Consumer Defensive3.80
Asset Allocation %
LongShortNet
Stocks92.300.0092.30
Bonds0.000.000.00
Cash9.763.296.47
Other1.230.001.23
Top Stock Regions
Region%
Asia - Emerging23.35
Asia - Developed21.99
Europe - Emerging18.81
Latin America13.93
Africa7.71
Top Stock Sectors
Stock Sector%
Financial Services20.59
Consumer Cyclical18.92
Technology18.21
Industrials13.51
Consumer Defensive8.21
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