Lysaker, 1 January 2026
Effective as of today, 1 January 2026, new tax regulations are implemented for Norwegian domiciled mutual funds. Somewhat simplified, the amendments entail that mutual funds will be exempt from capital taxation to a greater extent by making the fund’s interest income and all capital gains tax-free on the fund’s behalf (not only capital gains from equities). Dividends received by the fund will also be subject to lower capital taxation, and although the changes do not affect the rules relating to withholding tax, the result of the tax changes will be that Norwegian-registered mutual funds will generally no longer be in a payable tax position.
The change is reflected by new wordings in the ‘Tax rules’ section on page 6 of the Prospectuses, and in addition, some other changes to the Prospectuses, not related to tax regulation, are also reflected, including:
Rephrased content in the general prospectus section that applies to all funds (pages 3-8), where the wordings related to ‘Unitholder’s rights and obligations’ on page 3 has been adjusted, while information aboutUpdated pre-contractual information pursuant to the Disclosure Regulation (SFDR Disclosure Annex II for Article 8 funds and Annex III for Article 9 funds), which include updates and clarifications of the fund’s sustainability characteristicssome linguistic adjustments to the wordings throughout the documents The amendments described above have no direct or special significance for Danish investors, as such, but the changes are announced as they include the funds’ legal documents.
The updated Prospectuses are effective as of 1 January 2026 and enclosed herein. The undersigned can be contacted for any additional information.
Regards
Storebrand Asset Management AS
Contacts:
Henrik Budde Gantzel, Director, henrik.budde.gantzel@storebrand.no
Frode Aasen, Product Manager, fdc@storebrand.com
Fund name and share classSymbolISINSKAGEN Focus ASKIFOANO0010735129SKAGEN Global ASKIGLONO0008004009SKAGEN Kon-Tiki ASKIKONNO0010140502SKAGEN m2 ASKIM2NO0010657356SKAGEN Vekst ASKIVEKNO0008000445Storebrand Indeks – Alle Markeder A5STIIAMNO0010841588Storebrand Indeks – Nye Markeder A5STIINMNO0010841570Storebrand Global Plus A5STIGEPNO0010841604Storebrand Global Solutions A5STIGSNO0010841612Storebrand Global Multifactor A5STIGMNO0010841596Storebrand is Norway’s largest private asset manager with an AuM of around DKK 1000 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.
Attachments
SKAGEN Focus Prospectus_ENG
SKAGEN Global Prospectus_ENG
SKAGEN Kon-Tiki Prospectus_ENG
SKAGEN m2 Prospectus_ENG
SKAGEN Vekst Prospectus_ENG
Storebrand Global Multifactor Prospectus_ENG
Storebrand Global Plus Prospectus_ENG
Storebrand Global Solutions Prospectus_ENG
Storebrand Indeks – Alle Markeder Prospectus_ENG
Storebrand Indeks – Nye Markeder Prospectus_ENG
Source: Prospectus updates
