The Modelportfolio (NAP) rose in excess of 1 per cent in February. The main contributors were Solsten Nordic Equities and Solsten Norwegian Equities. The funds were up 3.92 per cent and 2.86 per cent respectively. Legg Mason Martin Currie European Absolute Alpha and Carnegie Corporate Bond Fund were in the other end of the scale, falling 1.33 per cent and 1.24 per cent.
We are doing a small change in the NAP by reducing JO Hambro Global Select Fund by 5 per centage points to 5 per cent, and investing the proceeds in Solsten Norwegian Equities. This brings the Norwegian exposure to 10 per cent.
Modelportfolio:
| Investments |
Portfolio |
| Equities |
|
| JO Hambro European Select Values |
15% |
| Fidelity Asian Special Situations |
5% |
| Solsten Nordic Equities |
15% |
| JO Hambro Global Select |
5% |
| Solsten Norwegian Equities |
10% |
| Sum Equities |
50% |
| |
|
| Fixed Income |
|
| Carnegie Corporate Bond Fund |
10% |
| SEB High Yield NOK |
7,5% |
| SEB Dynamic Bond Fund |
5% |
| Sum Fixed Income |
22,5% |
| |
|
| Alternative |
|
| SEB Asset Selection |
10% |
| Legg Mason Martin Currie European Absolute Alpha |
10% |
| Nordkinn Fixed Income |
7,5% |
| Sum Alternative |
27,5% |
| Return |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
29.02.2016 |
| SEB NAP |
-6,73% |
26,55% |
6,45% |
0,17% |
12,00% |
13,01% |
9,65% |
6,55% |
-2,16% |
| MSCI World* |
-30,06% |
26,51% |
10,57% |
-4,96% |
16,42% |
29,57% |
27,14% |
14,96% |
-8,32% |
*MSCI World in NOK