Split of the units in Storebrand Vekst A

By  Storebrand Asset Management
ARTICLE · PUBLISHED 04.03.2025
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Storebrand Asset Management has decided to split the units in the equity fund Storebrand Vekst A (NO0008000841) in order to avoid unitholders owning very small fractions of a unit in the fund’s unitholder register.

The change will see unitholders receive more fund units, but the price (NAV) will be correspondingly reduced, meaning the total value of their holdings will remain unchanged. The units will be split based on the NAV on March 28, 2025, using a 1000:1 ratio, meaning the number of units on that date will be multiplied by 1000, while the fund price is divided by the same amount.

Example of how the unit split affects the fund price:

- Fund price on February 21, 2025: 470 512.5400

- Fund price after the split: 470.5125

 

Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the manager's skills, the fund's risk profile and management fees. The returns can be negative as a result of price losses. There is risk associated with investments in the fund due to market movements, developments in currency, interest rates, economic conditions, industry- and company-specific conditions. Before investing, customers are advised to familiarize themselves with the fund's key information and prospectus, which contains further information about the fund's characteristics and costs.