Hans-Erik Ribberholt
“The portfolio rose 1.6 per cent in May. The best performing equity fund was Evli Greater Russia, which was up 7.29 per cent. The fund’s core holdings are mid-cap companies and it offers exposure to growing Russian domestic demand while having a lower exposure to volatile commodity markets. Danske Fund Europe, which invests in European equities, rose 2.79 per cent and year-to-date it has outperformed its benchmark by more than 6 per cent. Over the past 3 years it has delivered a return of 55 per cent, which is also well above the market return. Danske Fund Europe was recently awarded a 5-star rating by Morningstar.”
AMOUNT (E) FUND 20,000 ING Senior Secured Loan (short term secured loans hedged to EUR) 10,000 Blackrock Absolute Return Strat (BARS) 10,000 Danske Fund Europe (European equities) 10,000 Dexion Absolute Limited 10,000 Evli Ruble Debt (corporate Ruble debt) 10,000 JPMorgan, Global Convertibles, EUR 10,000 Pictet Asian Local Currency Debt 5,000 Credit Agricole ASEAN (equities ASEAN countries) 5,000 Evli Greater Russia 5,000 Fidelity American Growth (US equities) 5,000 Robeco Lux-o-rente (European government bonds)
