SKAGEN Vekst Verdipapirfond (Public: CPH:SKIVEK)is a Norway-based fund. Minimum 50% of the Fund's assets are invested in companies listed or traded in a Norwegian market or companies domiciled in Norway, and the remainder in the rest of the world. As of January 31, 2012, the Fund primarily invested in the companies active within such sectors, as Energy (23,3%), Industrials (19,8%) and Banking and Finance (11,4%), among others. The Company’s investment portfolio includes such companies, as Solstad Offshore ASA, Petroleo Brasileiro SA, DOF ASA, TGS Nopec Geophysical Co ASA and Bonheur ASA, among others. Apart from Norway, the Fund’s investments are located in South Korea, the United States and Germany, among others, and included such companies, as Samsung Electronics Co Ltd, Royal Caribbean Cruises Ltd, Kongsberg Gruppen ASA, Teva Pharmaceuical Industies and Norwegian Air Shuttle ASA, among others.
The Fund is a division of an investment company, Skagen AS.