Other Foreign Funds
Individuals and companies can now invest in foreign securities without restrictions. Íslandsbanki has decades of experience in securities trading in foreign markets and is in co-operation with the world's largest asset management companies.
Íslandsbanki is in co-operation with renowned fund management companies and can invest in foreign funds on behalf of clients via its foreign partners.
Foreign fund management companies reimburse, in some cases, part of their management fee to Íslandsbanki.
For further information on foreign funds and related fees contact Financial Advisors at Íslandsbanki by phone 440 4900 or by e-mail at email@example.com.
See further information on foreign exchange at the Central Bank of Iceland's website.
General disclaimer regarding investment in funds
Investments in financial instruments always entail financial risks, such as the risk of little or no return or total loss of capital. Past performance is neither an indication nor a guarantee of future returns. Risk increases if the investment is financed by credit and returns can increase or decrease due to exchange rate volatility if assets are in foreign currency. Taxation of funds is assessed on an individual basis in accordance with current legislation and is subject to change.
Investors are advised to familiarise themselves with the available information on funds, including key information on risk factors, investment authorisations and the use of derivatives. Non-UCITs funds have broader investment authorisations than UCITs and can therefore entail more risk. Information on each fund is obtained from the funds’ management company.
Information on this site is intended for information purposes only and should not be considered as an offer or advice on the purchase, sale or other allocation of certain financial instruments. The source of this information is considered reliable, but the accuracy or validity of the information cannot be guaranteed. The bank reserves the right to make changes to this information at any given time.
Exchange rate developments and returns
A fund management fee is included in the daily calculation of each fund’s exchange rate. Return for 12-month periods or longer is calculated on an annual basis. Shorter periods are not calculated on an annual basis but show price change instead. Return is based on the latest price listed and portrayed in the base currency of each fund.