Equity investments returned 5.5 percent, while fixed-income investments returned 0.8 percent. Investments in unlisted real estate returned 0.6 percent.
The return on equity and fixed-income investments was 0.1 percentage point higher than the return on the benchmark index.
In the first quarter 23 billion kroner was withdrawn from the fund. The krone depreciated against the main currencies during the quarter. This increased the value of the fund by 83 billion kroner.
The fund had a market value of 7,867 billion kroner at the end of the quarter and was invested 64.6 percent in equities, 32.9 percent in fixed income and 2.5 percent in unlisted real estate.