Stefnir - Div­i­dend Fund

The objective of the fund is to invest in shares of Icelandic limited companies and limited companies operating in Iceland which are listed on NASDAQ OMX Nordic Iceland, First North market, or another recognized stock exchange or multilateral trading facility. The fund aims to offer investors the option of investing in funds which invest in companies which have historically paid a dividend or are likely to pay a dividend within 12 months. It is permitted to invest in shares of companies which have temporarily reduced or ceased paying dividends provided that the fund manager considers it likely that dividends will be approved again within two years. The fund’s investments take into account a number of factors, such as companies’ financial status and their efforts to increase dividends and profitability.