DNB Likviditet (IV)

The fund invests in fixed income securities denominated in Norwegian kroner, and has a maximal fixed interest for 12 months. Investments are made mainly in fixed income securities with a minimum credit quality of BBB minus ("investment grade"). The duration of the fund will be in the range of 0-6 months. Up to 25% of the fund's value may be invested in bonds with floating rate notes. The weighted average maturity will not exceed 1.5 years. Proportion of subordinated loans is a maximum of 15%. The fund has moderate risk profile. Money market funds will be exposed to credit risk. That is the risk that the issuer will not be able to meet its obligations when the bond matures. The fund is classified as a money market fund of the Mutual Fund Association (VFF).

Key stats

Management firm  DNB Asset Management AS
Domicile  Norway
Global Branding Name  DnB NOR
12 month yield  2.62%
Fund currency  NOK
Net Assets Date  2011-11-30
Net Assets  k4,294,967,295
Launch Date  1992-06-01
ISIN  NO0008000403
Manager 1 Name  Idar Rydland
Fund Strategy  NOK Money Market
Benchmark  OSE Statsobligasjonsind 0.25
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2011-11-30
Return - 1 Month  0.28%
Return - 2 Months  0.58 %
Return - 3 Months  0.78%
Return - 6 Months  2.06 %
Return - 9 months  2.95 %
Return - 12 Months  2.74%
Annualized return 24 months  2.86 %
Annualized return 36 months  3.79 %
Annualized return 48 months  3.95 %
Annualized return 60 months  4.02 %
Return 120 months  4.02 %
Annualized return since Inception  5.13%
Return YTD  2.51%

Ratings

Morning Star Rating Date   2011-11-30
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  k25,000,000
Maximum Managment Charge  0.20 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Øvre Slotts gate 3
Contact city  Oslo
Contact country  Norway
Fund Admin Group  DNB Asset Management AS
Web Address  www.dnb.no/fond
Email contact  fond@dnb.no
Custodian  DnB NOR ASA
Phone  +47 22 31 98 00

Price

Last Price Date  2014-10-23
Pre-tax nav  1029.23
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  k-0.30
Price change (percentage)  -0.03 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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