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Ranked 387 out of 1055 in - Global over 12 months
All calculations are in USD unless stated

Managed by

Jane S Tvedt

Currently based in Stavanger, Jane S. Tvedt is the lead portfolio manager of the Skagen Avkastning Fund, a bond fund with an international investment mandate, but which invests primarily in certificates and bonds issued in Norwegian kroner. Prior to joining Skagen in 2010, Jane was a principal analyst and macro economist at Statoil and has previously worked in the monetary policy division of the Norwegian Central Bank, Norges Bank. She also spent one year on secondment at the ECB. Jane earned a Master’s in Economic Theory and Econometrics from the University of Oslo. Away from work she enjoys the cinema, theatre and skiing.


The fund's objective is to provide its unit holders with the best possible return based on the risk they have undertaken through an actively managed portfolio of credit-worthy international bonds. The fund mainly invests in government bonds, but may also invest in issues from financial institutions. The fund's aim is to find undervalued bonds with potential for good returns in the form of capital gains in addition to interest and the potential for currency appreciation.

Showing fund performance globally. You can view performance in individual jurisdictions.


Global over : 31/01/2017 - 31/01/2018
  • Rank 387/1055 Total Return
  • Rank 478/1055 Standard Deviation
  • Rank 524/1055 Max Drawdown
Fund Name Currency Loss
524 Anima Variable Rate Bond I USD


524 BG Sicav Amundi Global Income Bond DL Cap EUR USD


524 s EthikBond T USD


524 SWC (CH) BF International (I) A USD


524 Goldman Sachs Glo FI Plus Pf (Hdg) Base Acc EUR

Currency exposure is hedged

Currency exposure is hedged





Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 11.9% 2.0% 4.6% 3.3% 1.5%
2016 2.6% 5.4% 0.7% 1.2% -4.4%
2015 -11.0% -1.7% -4.9% -3.1% -1.9%
2014 0.3% 4.0% 3.4% -5.1% -1.7%
2013 0.1% -0.8% -0.5% 2.1% -0.7%
2012 13.8% 5.0% -1.0% 5.4% 3.8%
2011 -3.0% 1.8% 1.2% -5.5% -0.4%
2010 6.1% -2.1% -1.1% 10.0% -0.4%
2009 17.7% -6.7% 11.8% 9.5% 3.1%
2008 -6.6% 1.8% 0.9% -7.2% -1.9%
2007 15.2% 3.6% 3.7% 5.9% 1.3%
2006 5.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark
  2. Finland
  3. France
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Norway
  9. Sweden
  10. United Kingdom

Fund Info

  • Launch date29/09/2006
  • Share Class size741Mn
  • Base currencyNOK
  • ISIN NO0010327786

Purchase Info

  • Min. initial investment250
  • Min. regular additional investment250


  • Annual management0.80%
  • Initial investment0.8

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).