SKAGEN Focus is an actively managed concentrated fund with
a global investment mandate. The Fund's strategy is to find and
invest i very select low-priced, high-quality companies that are
undervalued, under-researched and unpopular. The portfolio is
composed of 35 core companies. The higher concentration
increases potential for higher returns, at the cost of potentially
higher volatility. In order to reduce risk, the Fund seeks to
maintain a sensible composition of companies in the portfolio.
This means that the portfolio managers continuously seek to
identify fundamental risk factors in the companies. The risk
factors are measured, monitored and balanced against each
other.
