New Benchmarks

The establishment of new benchmark indices makes it natural to change the benchmark indices of five of the Storebrand fixed-income funds.

By  Frode Aasen
ARTICLE · PUBLISHED 15.06.2022

The establishment of new benchmark indices makes it natural to change the benchmark indices of five of the Storebrand fixed-income funds.

Nordic Bond Pricing (NBP) has recently established new indices. These indices represent the market in a better way than pure government indices as they contain both municipal, financial and corporate bonds. By using these benchmark indices, the relevant funds get more representative indices to compare results against. It will give a more accurate picture of the funds' results compared to the index.

Until now, there have been no benchmarks in the market that show the underlying risk for this type of fund. Storebrand, like most other managers, has therefore used the indices that have been available.

The new benchmark indices will apply from 1 September 2022.

FundCurrent benchmarkNew benchmark from 1 September
Storebrand Kort Kreditt IGNOGOVD3M (ST1X)NBP Liquidity Standard Index NOK
Storebrand LikviditetNOGOVD3M (ST1X)NBP Liquidity Low Risk Index NOK
SEB NOK Liquidity FundNOGOVD3M (ST1X)NBP Liquidity Low Risk Index NOK
Storebrand Korte Renter SIINOGOVD6M (ST2X)NBP Liquidity Low Risk Index NOK
FO Norsk LikviditetNOGOVD3M (ST1X)NBP Liquidity Low Risk Index NOK

Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the manager's skills, the fund's risk profile and management fees. The returns can be negative as a result of price losses. There is risk associated with investments in the fund due to market movements, developments in currency, interest rates, economic conditions, industry- and company-specific conditions. Before investing, customers are advised to familiarize themselves with the fund's key information and prospectus, which contains further information about the fund's characteristics and costs.