Hans-Erik Ribberholt

“The portfolio rose 1.6 per cent in May. The best performing equity fund was Evli Greater Russia, which was up 7.29 per cent. The fund’s core holdings are mid-cap companies and it offers exposure to growing Russian domestic demand while having a lower exposure to volatile commodity markets. Danske Fund Europe, which invests in European equities, rose 2.79 per cent and year-to-date it has outperformed its benchmark by more than 6 per cent. Over the past 3 years it has delivered a return of 55 per cent, which is also well above the market return. Danske Fund Europe was recently awarded a 5-star rating by Morningstar.”