DNB Statsobligasjon (III)

The fund invests in fixed income securities such as bonds, certificates and other interest-bearing assets issued or guaranteed by the Norwegian state. The fund may also invest in funds in foreign government-guaranteed bonds. Average portfolio duration will depend on our interest rate expectations, to be between two and four years. The fund invests at least 90 percent of the fund's value in securities with a minimum credit quality of BBB minus ("investment grade"). All securities must be denominated in Norwegian kroner. Fund investments shall at all times be located with a 100% risk weight assets with BIS maximum of 0%, cf. Regulations on capital adequacy of financial institutions. The credit risk in the fund is very low and interest rate risk, moderate.

Key stats

Management firm  DNB Asset Management AS
Domicile  Norway
Global Branding Name  DnB NOR
Fund Status  OBSOLETE
12 month yield  5.27%
Fund currency  NOK
Net Assets Date  2011-11-30
Net Assets  k312,422,745
Launch Date  2004-09-20
Obsolete Date  2013-09-09
ISIN  NO0010337934
Manager 1 Name  Arne Mjelde
Fund Strategy  NOK Bond
Benchmark  OSE Statsobligasjonsind 3.00
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2011-11-30
Return - 1 Month  0.95%
Return - 2 Months  0.45 %
Return - 3 Months  2.01%
Return - 6 Months  3.75 %
Return - 9 months  5.44 %
Return - 12 Months  4.77%
Annualized return 24 months  4.85 %
Annualized return 36 months  4.74 %
Annualized return 48 months  5.52 %
Annualized return 60 months  5.02 %
Annualized return since Inception  4.17%
Return YTD  5.45%

Ratings

Morning Star Rating Date   2011-11-30
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Minimum Investment  k10,000,000
Maximum Managment Charge  0.15 %
Exit charge  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  2013-09-06
Pre-tax nav  972.60
Price change  k2.40
Price change (percentage)  0.25 %

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Ratings Disclaimer

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