Many people currently think that investing in government bonds is a sure way
to lose money – that it’s return-free risk not risk-free return. However, it doesn’t
have to be like this. The global bond fund
SKAGEN Tellus
doesn’t replicate the
market but consists of carefully selected undervalued government bonds from
all over the world. This has proven to be a successful strategy –
SKAGEN Tellus
has beaten its benchmark with lower volatility since inception in 2006.
Lammehoved på et fad, 1880 (detail).
By Viggo Johansen, one of the
Skagen painters. Belongs to the Skagen Museum.
The art of common sense
Since SKAGEN Tellus invests in listed securities, the fund will be exposed to market risk. Historical
returns are no guarantee for future returns. Future returns will depend, inter alia, on market
developments, the fund managers’ skill, the fund’s risk profile and subscription and management
fees. The return may become negative as a result of negative price developments.
Don’t be a sheep!
Explore how we find interesting opportunities using our
Common sense investment approach at
