Mutual Fund Manager salary in Iceland

Average Yearly Salary of Mutual Fund Manager in Iceland is approximately 23,303,939 ISK (162,300 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Mutual Fund Manager do?

A mutual fund manager is responsible for overseeing the investment activities of a mutual fund. They analyze financial data, research investment opportunities, and make decisions on buying or selling securities within the fund's portfolio. Their main goal is to maximize returns for the fund's investors while managing risk. The occupation requires strong analytical skills to evaluate market trends and company performance, as well as the ability to make informed investment decisions. Mutual fund managers must stay updated with market news and economic indicators to identify potential investment opportunities. They also need excellent communication skills to effectively communicate investment strategies and performance to clients and stakeholders.

Skills: Mutual Fund Manager, Investment Analysis, Portfolio Management, Financial Markets, Risk Management, Investment Strategy
Job industry: Finance

How much does Mutual Fund Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Mutual Fund Manager a well paid job?

Yes, our data show that Mutual Fund Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Mutual Fund Manager?

High salary for Mutual Fund Manager would be somewhere between 25,634,333 ISK and 33,790,712 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mutual Fund Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 23,303,939 ISK
Estimated Monthly Salary: 1,941,995 ISK
Estimated Weekly Salary: 448,153 ISK per week
Estimated Hourly Salary: 11,204 ISK per hour
By working as Mutual Fund Manager a person can save up to 10,796 USD per month or 129,554 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Mutual Fund Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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