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Share classes for SKAGEN Insight
On 15 January we will be launching two share classes for the equity fund SKAGEN Insight.
The Norwegian Financial Services Authority has approved the establishment of the share classes for the global shadow activist fund SKAGEN Insight. The existing fund will subsequently change its name to SKAGEN Insight A. The share classes due to be launched are SKAGEN Insight B and SKAGEN Insight C.
SKAGEN Insight B has a lower fixed management fee than the A share class, and is open to investors subscribing through distributors who, on agreement with SKAGEN, do not receive compensation from the management company.
SKAGEN Insight C is open to investors who have units in the fund (excluding in the B share class) amounting to a cost price of at least 10 000 000 Norwegian kroner.
Unit holders who would like more information about the approval process may contact us by telephone on +47 51 80 39 00 or by sending an email to legal@skagenfunds.com.
SKAGEN Insight B and C will be open for trading as of 15 January.