Modelportfolio October 2013

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)

 

InvestmentsPortfolio
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%

 

Performance20082009201020112012YTD
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%