IS Funds  is the largest fixed-income fund manager in Iceland and manages Icelandic government bond funds that individuals and institutional investors holding off-shore ISK can invest in.

Investing in a mutual fund is an effective way to manage and diversify investments as well as to reduce risk. IS Funds manages several Icelandic government bond funds, as well as equity funds and funds of funds. Investing in a mutual fund can offer these advantages:

• Diversification - A single mutual fund most likely holds more securities than you could buy on your own
• Professional management - A fund manager handles the fund's investment management responsibilities, taking the burden off you
• Convenience - Fund units can be bought and sold on any business day, giving you easy access to your money

The following Government Bond funds are available to offshore ISK investors:

• IS Government Fund - Government Bonds and Bank Deposits
  • Short average maturity of 1-3 years reduces fluctuations
  • Suitable when investing for over 1 year
• IS Government Bond Fund - Fund 5
  • Average maturity of 4-7 years
  • Suitable when investing for over 2 years
• IS Long-Term Government Bond Fund - Fund 7
  • Average maturity of 6-12 years
  • Suitable when investing for over 3 years

Main Advantages for IS Government funds:

• Secure and sound investment in government guaranteed asset classes
• Active asset management
• Low costs
• Instant access - redeemable with one day's notice