Flex Plan: Investment Strategy

Storebrand Asset Management manage Nordben’s 7 Flex Plan policyholders' funds.

The Flex Plan guarantees the value of the savings contributions paid and accumulated bonuses. Accordingly, investments are generally constrained as follows:

• Investments are in a portfolio of bonds including both government bonds and non-government bonds.
• The target allocation is 50% AAA rated government bonds and 50% non-government bonds.
• The government bonds are denominated in the currency of the fund.
• The non-government bonds are denominated in Euros and currency hedging is used to eliminate exchange rate risk for the non-Euro portfolios.
• There is no investment in equities or other potentially relatively risky assets.