Managing risk for stable return in the Nordic credit market
The investment objective is to achieve capital appreciation through investments in a diversified portfolio of bonds and money market instruments, with the Nordic bond market as the main market. Generally the Fund will invest at least 70% of its Net Asset Value in Investment Grade or Investment Grade equivalent bonds or money market instruments. Investment grade is equivalent to AAA to BBB- using the Standard and Poor's rating scale.
The average modified duration of the Fund's portfolio of assets shall be within the range of 0 – 12 months. The average credit duration shall be within the range of 0-4 years.
The fund is a UCITS fund.