The Odin Sustainable Corporate Bond C SEK fund rose 0.38 percent in February, outperforming its benchmark index, which rose 0.30 percent. Since the turn of the year, the fund has returned 0.73 percent, trailing the index which has increased by 0.84 percent. This is according to a monthly report from managers Mariann Stoltenberg Lind and Nils Hast.

Initially, the managers note that long-term American, European, and Swedish interest rates fell during the month. In Norway, however, market rates rose sharply following unexpectedly high inflation figures.

"The credit market has proven remarkably robust, given the volatility we have seen in other markets," the managers write.

Record volumes of new bonds were issued in the Euro market, although demand slowed slightly toward the end of the month. However, the general credit market is described as strong thanks to good access to capital and positive capital flows.

Regarding portfolio activity, the fund invested in four green bank bonds during February.

Green bonds from Sparbanken Màlardalen, Svenska Handelsbanken, and Danske Bank were added as entirely new holdings to the portfolio. Additionally, the fund invested in a green bond from Nordea, marking the bank's fourth bond in the fund.

The largest holdings in the fund's portfolio at the end of the month were bonds from Credit Agricole, Ing Groep, and Aib Group, with portfolio weights of 1.80, 1.67, and 1.63 percent, respectively.

The fund had its largest geographical exposure to Luxembourg with a weight of 23.56 percent, followed by Norway and Sweden with exposures of 17.40 and 14.68 percent, respectively.

Odin Sustainable Corporate Bond C SEK, %February, 2026
Fund MM, change in percent0.38
Index MM, change in percent0.30
Fund YTD, change in percent0.73
Index YTD, change in percent0.84