During October the Modelportfolio increased by 1,55 percent and has now risen 10,22 percent year to date (versus benchmark 12,48 percent YTD). The top performers during October came from the equity side of the portfolio, namely Alken European Opportunities +4,00 percent and the S&P Spider +3,40 percent. The remaining holdings in the portfolio went through minor positive changes, except from SEB Nordic Focus -0,5 percent during the month of October. We continue to favor a balanced portfolio in terms of asset allocation (40 percent equities and 60 percent fixed income)
| Investments | Portfolio |
|---|
| Equities |
|
| Alken European Opportunities |
10,0% |
| Fidelity Asian Special Situations |
10,0% |
| SEB Nordic Focus |
10,0% |
| S&P Spyder |
5,0% |
| East Capital Russland |
5,0% |
| Sum Equities |
40,0% |
| |
|
| Fixed Income |
|
| Norwegian High Yield Bonds |
25,0% |
| Ashmore Emerging Market Debt |
10,0% |
| Bluebay High Yield Fund |
10,0% |
| Muzinich Short Duration High Yield |
10,0% |
| Bluebay Investment Grade Fund |
5,0% |
| Sum Fixed Income |
60,0% |
| Performance | 2008 | 2009 | 2010 | 2011 | 2012 | YTD |
|---|
| SEB Modelportfolio |
-6,73% |
26,55% |
6,45% |
0,17% |
12.00% |
10,22% |
| Benchmark |
-12,77% |
11,92% |
6,01% |
-1,06% |
8,23% |
12,48% |
| Outperformance |
6,04% |
14,63% |
0,44% |
1,23% |
3,77% |
-2,26% |
| MSCI World |
-30,06% |
26,51% |
10,57% |
-4,96% |
16,42% |
24,12% |