High returns from opportunistic investments in the Nordic credit markets
The fund targets a annual return of 5 – 10 % by investing in credit bonds with a focus on absolute rather than a relative return. The chosen benchmark index, Oslo Stock Exchange 3-month T-bill index (ST1X), which on an annual basis always have given a positive return, reflects this focus.
The Fund aims to invest in the best part of the high yield (HY) rating universe (BB to B). The Fund will seek to obtain a well diversified portfolio based on the fund managers credit analysis. The Fund can invest in fixed income instruments along the yield curve, but the average duration will not exceed three years.
The fund is a UCITS fund.