The amount corresponds to a return of 9.4 percent.
“The result is driven by strong performance in the stock market, especially Asian tech stocks,” the fund's CEO Nicolai Tangen says in the report.
After currency adjustments and deposits, the fund's value increased by SEK 1,416 billion. The fund's total value amounted to NOK 22,683 billion at the end of June.
At the end of June, the fund was divided into 72.1 percent equities, 25.8 percent fixed-income securities and the remainder into unlisted properties and unlisted infrastructure for renewable energy.
