Modelportfolio March 2016

The Modelportfolio gained just short of 1.10 per cent in March. The best performer was Fidelity Asian Special Situations which rose 5.2 per cent. It was followed by SEB High Yield, Solsten Norwegian Equities and JO Hambro European Select Values, all advancing between 2 and 2.50 per cent.  The laggards were SEB Asset Selection and JO Hambro Global Select, declining 2.65 per cent and 1.10 per cent respectively. By the end of the first quarter the model portfolio is down 1.10 per cent.

After a strong rebound, we are reducing the equity weight by 5 per cent age points to 45 per cent. After a strong month we take Fidelity Asian Special Situations out of the Modelportfolio. The proceeds are invested equally in SEB High Yield and SEB Dynamic Bond Fund.


Modelportfolio:

Investments Portfolio
Equities  
JO Hambro European Select Values   15%
Solsten Nordic Equities   15%
JO Hambro Global Select     5%
Solsten Norwegian Equities   10%
Sum Equities   45%
   
Fixed Income  
Carnegie Corporate Bond Fund   10%
SEB High Yield NOK   10%
SEB Dynamic Bond Fund   7,5%
Sum Fixed Income 27,5%
   
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 31.03.2016
SEB NAP -6,73% 26,55% 6,45% 0,17% 12,00% 13,01% 9,65%   6,55% -1,1%
MSCI World* -30,06% 26,51% 10,57% -4,96% 16,42% 29,57% 27,14% 14,96% -5,75%


*MSCI World in NOK