IS Global Portfolio Fund of Funds

The IS Global Portfolio fund is suitable for investors who seek to invest long-term in global equity markets. The recommended investment period is five years as fluctuations can be high.

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Nominal return

Holding period

Fluctuation in returns

out of 7

Scale of risk and fluctuations in returns

  • 5.8% Deposits
  • 94.2% Foreign equities

Last changed: 01.05.2023

Fund Objective

The IS Global Portfolio is a fund of funds. It invests in equity funds that invest in companies listed on global stock markets. The Fund's objective is long-term capital appreciation.

Who should invest?

The IS Global Portfolio fund is suitable for investors who seek to invest long-term in global equity markets. The IS Global Portfolio is an attractive option because it offers excellent risk diversification in international equity holdings. By investing in well diversified equity funds, the Fund is invested in a large number of individual companies and can thus provide a suitable core of foreign assets in a diversified portfolio.

Fact sheet

Price history

Fees & Transaction orders

Minimum deposit
ISK 5,000
Minimum subscription
ISK 10,000
Purchase fee
Online banking and app discount
Subscription discount
Annual management fee
Service charge
ISK 1,000
Online banking and app discount
3 business days (T+3)
Cut off time
15:00 GMT

Further information about the fund

Management company
Fund manager
Sigurður G. Gíslason
Summary of fund returns
Tariff of charges for investment services


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 the funds is obtained from Íslandssjódir hf., which is the funds’ management company and a subsidiary of Íslandsbanki hf.

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.