An uncertain summer with a lot of geopolitical turmoil in Europe together with the dramatic decline of Chinese stock exchanges has led to two volatile months for our Modelportfolio.
The Modelportfolio declined 2,35% in June, but regained most of the losses in July by increasing 2,02%. The negative returns in June came from red numbers across all of our funds except Carnegie Corporate Bond Fund and Holberg Kreditt. The positive returns in July came from green numbers across all of our funds exept from Fidelity Asian Special Situations. Jo Hambro Global Select and JO Hambro European Select increased 5,28% and 5,62% respectively in July.
Modelportfolio:
| Investments |
Portfolio |
| Equities |
|
| JO Hambro European Select Values |
15% |
| Fidelity Asian Special Situations |
10% |
| Solsten Nordic Equities |
10% |
| JO Hambro Global Select |
15% |
| Sum Equities |
50% |
| |
|
| Fixed Income |
|
| Carnegie Corporate Bond Fund |
15% |
| BlueBay High Yield Fund |
5% |
| Holberg Kreditt |
10% |
| SEB Dynamic Bond Fund |
10% |
| Sum Fixed Income |
40% |
| |
|
| Alternative |
|
| SEB Asset Selection |
10% |
| Return |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
31.07.15 |
| SEB NAP |
-6,73% |
26,55% |
6,45% |
0,17% |
12,00% |
13,01% |
9,65% |
7,11% |
| MSCI World* |
-30,06% |
26,51% |
10,57% |
-4,96% |
16,42% |
29,57% |
27,14% |
12,36% |
*MSCI World in NOK