Modelportfolio February 2017

The Norwegian Advisory Portfolio (NAP) is a balanced portfolio. Currently, it has 40 per cent exposure to equities, 40 per cent to fixed income and 20 per cent to alternative investments (hedge funds). With this allocation it can be considered neutrally weighted to risk. The NAP rose 1.15 per cent in February. All holdings except Arctic Nordic Equities had positive return. It was Hermes Global Emerging Markets that had the sharpest rise. It gained 4.35 per cent during February. Next on the list were KLP AksjeGlobal Indeks NOK-H, SEB Norway Focus Fund, and SEB Asset Selection. They rose 2.80 per cent, 2.10 per cent and 1.75 per cent respectively.

We did not do any reallocations during the month. 

 

  Modelportfolio:

Investments Portfolio
Equities  
KLP Aksje Global Index NOK 10%
Arctic Nordic Equities 10%
SEB Norway Focus Fund 15%
Hermes Global Emerging Markets  5%
Sum Equities 40%
   
Fixed Income  
Carnegie Corporate Bond Fund 10%
Holberg Kreditt 10%
SEB NOK Liquidity 10%
JP Morgan Global Strategy 10%
Sum Fixed Income 40%
   
Alternative  
SEB Asset Selection 10%
Nordkinn Fixed Income 10%
Sum Alternative 20%

 

Return 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
SEB NAP -6,73% 26,55% 6,45% 0,17% 12,00% 13,01% 9,65%   6,55% 5,30% 2,01
MSCI World* -25,56% 12,67% 14,12% -4,55% 8,67% 34,67% 29,39% 16,09%  5,65% 4,40%


*MSCI World in NOK