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.
Fund | Current benchmark | New benchmark from 1 September |
Storebrand Kort Kreditt IG | NOGOVD3M (ST1X) | NBP Liquidity Standard Index NOK |
Storebrand Likviditet | NOGOVD3M (ST1X) | NBP Liquidity Low Risk Index NOK |
SEB NOK Liquidity Fund | NOGOVD3M (ST1X) | NBP Liquidity Low Risk Index NOK |
Storebrand Korte Renter SII | NOGOVD6M (ST2X) | NBP Liquidity Low Risk Index NOK |
FO Norsk Likviditet | NOGOVD3M (ST1X) | NBP Liquidity Low Risk Index NOK |