November 2009 - Nordea Bank Lietuva
November 2009 - Nordea Bank Lietuva
November 2009 - Nordea Bank Lietuva
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Norwegian Bond Fund<br />
30 <strong>November</strong> <strong>2009</strong><br />
Performance in %<br />
Cumulative Fund Benchmark*<br />
Year to date<br />
5.17<br />
3.22<br />
1 month<br />
1.05<br />
0.85<br />
3 months<br />
2.05<br />
1.58<br />
1 year<br />
6.29<br />
4.76<br />
3 years<br />
14.40<br />
17.58<br />
5 years<br />
16.89<br />
22.56<br />
Since launch<br />
63.82<br />
89.35<br />
Discrete Year<br />
2008<br />
2007<br />
2006<br />
2005<br />
2004<br />
Fund<br />
7.61<br />
2.07<br />
-0.90<br />
2.14<br />
5.70<br />
Benchmark*<br />
10.60<br />
3.69<br />
-0.01<br />
3.53<br />
7.44<br />
Performance (in base currency, indexed at 100)<br />
124<br />
120<br />
116<br />
112<br />
108<br />
104<br />
100<br />
96<br />
30/11/2004 30/11/2005 30/11/2006 30/11/2007 30/11/2008 30/11/<strong>2009</strong><br />
Norwegian Bond Fund<br />
CGBI WGBI NW ALL MATS (NOK) - TR Index²<br />
Key Figures**<br />
Annualised return in %<br />
Volatility in %<br />
Average maturity<br />
Duration in years<br />
Yield to maturity<br />
Correlation<br />
Information ratio<br />
Tracking error in %<br />
Fund<br />
4.59<br />
2.96<br />
4.60<br />
2.46<br />
3.77<br />
0.76<br />
-0.46<br />
2.11<br />
Benchmark*<br />
5.55<br />
3.34<br />
-<br />
-<br />
-<br />
Fund Data<br />
Share class<br />
Fund category<br />
Last NAV<br />
AUM (Million NOK)<br />
Minimum investment (EUR)<br />
- Front end fee in %<br />
- Annual management fee in %<br />
- Launch date<br />
BP<br />
Accumulating<br />
163.82<br />
388.30<br />
50<br />
3.00<br />
0.60<br />
15/05/1998<br />
Base currency<br />
ISIN<br />
Sedol<br />
WKN<br />
Bloomberg ticker<br />
Number of holdings<br />
Manager<br />
²Source: Datastream/Bloomberg<br />
NOK<br />
LU0087209911<br />
5466124<br />
988130<br />
FRONOBD LX<br />
30<br />
Norwegian Fixed Income Team<br />
Performances are in NOK<br />
*CGBI WGBI NW ALL MATS (NOK) - TR Index<br />
**Annualized 3 year data<br />
Asset Allocation in %<br />
Asset Type<br />
Fund<br />
Corporate Bonds 46.80<br />
Government Bonds 38.52<br />
Mortgage Institutions 7.81<br />
Net Liquid Assets 6.85<br />
Rating<br />
Fund<br />
NR 64.54<br />
Aaa 26.03<br />
Aa2 2.56<br />
Net Liquid Assets 6.85<br />
Top Holdings in %<br />
Security Name<br />
Rating<br />
Asset Type<br />
Weight<br />
Norsk Stat 06/17 Aaa<br />
Government Bonds<br />
11.05<br />
Norsk Stat 02/13 Aaa<br />
Government Bonds<br />
10.00<br />
Norske Stat 05/19 Government Bonds<br />
5.38<br />
DNBA42 5.15% 2014-02-12 Corporate Bonds<br />
5.28<br />
BN Boligkreditt 6.40% 2010-05-21 Mortgage Institutions<br />
5.24<br />
Norsk Stat 05/15 Aaa<br />
Government Bonds<br />
4.97<br />
Orkla 6,54% 2013-02-12 Corporate Bonds<br />
4.91<br />
ICO 5,000% 2015-05-15 Government Bonds<br />
4.26<br />
Oslo kommune 4.4500% 2015-11-23 Corporate Bonds<br />
3.87<br />
Sparebanken Soer 06/16 Fixed Corporate Bonds<br />
3.75<br />
Investment Strategy<br />
The fund invests a minimum of two-thirds of its net assets in fixed-income and floating rate debt securities issued by private borrowers and public authorities domiciled in Norway.<br />
The Sub-fund invests in bonds denominated in NOK. Invested are government bonds or bonds issued by local authorities or agencies, mortgage bonds, corporate bonds with a<br />
good rating, and bonds issued by supranational institutions. The Fund may further use derivative instruments to reduce risks. The Fund aims to exploit market movements as well<br />
as the yield spreads between various credit risk segments.
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