The fund is actively managed, meaning that bonds are selected individually after a thorough analysis of each issuer and market. The fund invests primarily in bonds issued by Nordic companies and is suited for investors with a preferred investment horizon of 2-3 years.

While the main focus is corporate bonds in the high yield segment (with lower credit ratings), the fund can also invest in instruments with higher credit ratings (“investment grade”) as well as in instruments without credit rating. At least 70 percent of the fund’s capital must be invested in corporate bonds and the portfolio managers can use derivatives as part of the fund’s investment mandate, as well as to reduce unwanted risk.

The fund utilizes a strict risk management approach that only allows investments that complement each other from a risk perspective, counteracting excessive optimism regarding a particular sector. The average duration of holdings in the fund can vary between 1-6 years.

The objective of the fund is to achieve capital growth that, over a period of 3 years, exceeds the performance of the fund’s benchmark index, OMRX T-BILL +2 percentage points per year.

FUND FACTS