Our modelportfolio was down 1,23% in April - the first month in 2015 where we have seen negative returns in our Modelportfolio. Equities accounted for the biggest drag in the portfolio with JO Hambro Global being the biggest negative contributer with its -6,06% return, followed by JO Hambro European which ended the month down -2,15%. Our Fixed Income part accounted for a total weighted return of 0,21% in April.
We have decided not to make any changes to the Modelportfolio as for the time being.
Modelportfolio:
| Investments |
Portfolio |
| Equities |
|
| JO Hambro European Select Values Fund |
15% |
| Fidelity Asian Special Situations |
10% |
| SEB Nordic Focus |
10% |
| JO Hambro Global Select |
15% |
| Sum Equities |
50% |
| |
|
| Fixed Income |
|
| Carnegie Corporate Bond Fund |
15% |
| BlueBay High Yield Fund |
5% |
| Holberg Kreditt |
5% |
| SEB Dynamic Bond Fund |
15% |
| Sum Fixed Income |
40% |
| |
|
| Alternative |
|
| SEB Asset Selection |
10% |
| Return |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
30.04.15 |
| SEB NAP |
-6,73% |
26,55% |
6,45% |
0,17% |
12,00% |
13,01% |
9,65% |
5,32% |
| Benchmark** |
-12,77% |
11,92% |
6,01% |
-1,06% |
8,23% |
15,27% |
15,49% |
2,83% |
| Outperformance |
6,04% |
14,63% |
0,44% |
1,23% |
3,77% |
-2,26% |
-5,84% |
2,49% |
| MSCI World*** |
-30,06% |
26,51% |
10,57% |
-4,96% |
16,42% |
29,57% |
27,14% |
4,50% |
**Benchmark: 50/50 MSCI World og STX1
*** MSCI World in NOK