Modelportfolio February 2016

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