Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

SKAGEN Tellus A NOK

Ranked 387 out of 1055 in - Global over 12 months
All calculations are in USD unless stated

Managed by

Jane S Tvedt

Currently based in Stavanger, Jane S. Tvedt is the lead portfolio manager of the Skagen Avkastning Fund, a bond fund with an international investment mandate, but which invests primarily in certificates and bonds issued in Norwegian kroner. Prior to joining Skagen in 2010, Jane was a principal analyst and macro economist at Statoil and has previously worked in the monetary policy division of the Norwegian Central Bank, Norges Bank. She also spent one year on secondment at the ECB. Jane earned a Master’s in Economic Theory and Econometrics from the University of Oslo. Away from work she enjoys the cinema, theatre and skiing.

Objective

The fund's objective is to provide its unit holders with the best possible return based on the risk they have undertaken through an actively managed portfolio of credit-worthy international bonds. The fund mainly invests in government bonds, but may also invest in issues from financial institutions. The fund's aim is to find undervalued bonds with potential for good returns in the form of capital gains in addition to interest and the potential for currency appreciation.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global over : 31/01/2017 - 31/01/2018
  • Rank 387/1055 Total Return
  • Rank 478/1055 Standard Deviation
  • Rank 524/1055 Max Drawdown
Fund Name Currency Loss
524 Anima Variable Rate Bond I USD

-1.5%

524 BG Sicav Amundi Global Income Bond DL Cap EUR USD

-1.5%

524 s EthikBond T USD

-1.5%

524 SWC (CH) BF International (I) A USD

-1.5%

524 Goldman Sachs Glo FI Plus Pf (Hdg) Base Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

524 SKAGEN Tellus A NOK USD

-1.5%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 11.9% 2.0% 4.6% 3.3% 1.5%
2016 2.6% 5.4% 0.7% 1.2% -4.4%
2015 -11.0% -1.7% -4.9% -3.1% -1.9%
2014 0.3% 4.0% 3.4% -5.1% -1.7%
2013 0.1% -0.8% -0.5% 2.1% -0.7%
2012 13.8% 5.0% -1.0% 5.4% 3.8%
2011 -3.0% 1.8% 1.2% -5.5% -0.4%
2010 6.1% -2.1% -1.1% 10.0% -0.4%
2009 17.7% -6.7% 11.8% 9.5% 3.1%
2008 -6.6% 1.8% 0.9% -7.2% -1.9%
2007 15.2% 3.6% 3.7% 5.9% 1.3%
2006 5.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark
  2. Finland
  3. France
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Norway
  9. Sweden
  10. United Kingdom

Fund Info

  • Launch date29/09/2006
  • Share Class size741Mn
  • Base currencyNOK
  • ISIN NO0010327786

Purchase Info

  • Min. initial investment250
  • Min. regular additional investment250

Charges

  • Annual management0.80%
  • Initial investment0.8

Related News

Skagen €780m global equity manager quits

Fund manager to end two-year stint with Stavanger-based asset manager to join shipping giant in investment role.

Brexit will never come to pass, say veteran bond duo

The Skagen managers believe the referendum result will never be put into effect and market participants should carry on regardless.

Former global bond star steps back from Skagen fund

Investment firm hands sole responsibility for global fixed income strategy to co-manager as veteran adopts analyst role.

Bond star dumps all Greek bets as new crisis fears mount

Citywire AA-rated Torgeir Høien jettisons whole Greek sovereign bond portfolio as yields fall and budgetary pressures resurface.

Draghi must act fast to stop Euro ‘explosion’, says bond star

VIDEO: Citywire AA-rated manager Torgeir Høien expects full-scale QE programme to be launched imminently to protect peripheral gains.

Scottish question forces Euro bond star to slash gilts exposure

Uncertainty over independence referendum leads Citywire AA-rated manager Torgeir Høien to protect against short-term volatility.

The case for central banks scrapping currencies

Citywire AA-rated Torgeir Høien believes abolishing currencies would not take a ‘radical’ shift, and would allow true negative interest rates to drive growth.

ECB action was ‘food for thought’ not firepower, says Skagen star

Citywire A-rated bond manager Torgeir Høien explains why Draghi didn’t go far enough and what his next steps should be.

Skagen branches out with corporate bond fund launch

Nordic boutique expands fixed income market presence with new strategy targeting global companies.

Skagen bond star backs peripheral picks to outperform

Eurozone growth will exceed expectations and debt-laden nations will emerge as big winners, says Torgeir Høien.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).