Read the portfolio managers’ assessments here
The first half of 2008 was characterized by major fluctuations on the world’s stock exchanges. Among the various stock markets, we experienced that the US markets performed better than the European, and that many of the so-called emerging markets declined during the period. So far this year, all of ODINs equity funds have negative perfomance. Even though ODIN and our unit holders do not like periods characterized major fluctuations and declining prices, we are happy that a number of ODIN’s equity funds performed better than their benchmarks.
