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Kristian Falnes

Board Member elected by the shareholders

Kristian Falnes is board member elected by the shareholders. Falnes has long experience from the financial sector including as a Financial Analyst at SR-Fonds and Portfolio Manager at Laerdal Finans before he joined SKAGEN as a Portfolio Manager in 1997. In the period from 2007 to 2011, he was also Investment Director in SKAGEN. Falnes left SKAGEN in 2014 and is now a Private Investor.

He is currently serving on the Board of Fjord Line, and has previously served on the Boards of Instabank ASA and DOF ASA. Falnes has a Masters in Finance from BI and is an Authorised Financial Analyst from NHH.

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document which contain further details about the fund's characteristics and costs. The information can be found on www.skagenfunds.com. Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.

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