Investment returns, capital inflows and exchange rates affect the fund's market value.
The fund's market value. Billion of kroner
Click on the legends to see a seperate legends
Change in the fund's market value. Billions of kroner
Click on the legends to see a smaller selection
The fund’s market value decreased by 58 billion kroner to 7,118 billion kroner in the third quarter of 2016. Equity investments had a market value of 4,317 billion kroner, while the value of fixed-income investments was 2,584 billion kroner. Investments in real estate had a market value of 218 billion kroner.
In the third quarter of 2016, the fund returned 240 billion kroner. There was a withdrawal of 30 billion kroner by the government. Fluctuations in the krone led to a decrease in the fund's value of 269 billion kroner. More on the fund's return
At the end of the third quarter of 2016, the fund was invested with 60.6 percent in equities, 36.3 percent in fixed income and 3.1 percent in real estate.
THE FUND'S HOLDINGS IN EQUITY MARKETS
Percent of FTSE Global All Cap Index's market value
Source: FTSE, Norges Bank Investment Management
THE FUND'S HOLDINGS IN FIXED-INCOME MARKETS
Percent of the market value of bonds indices compiled by Barclay's Capital
Source: Barclays, Norges Bank Investment Management