Pareto Securities' Norwegian portfolio rose by 5.2 percent in February, but this was not enough to keep pace with the benchmark index OSEBX, which was up 7.5 percent.

The top performer of the month was Aker Solutions, with an increase of 16.9 percent, while Komplett was at the bottom with -21.8 percent.

For March, Pareto has decided to make a change by replacing Aker BP with Sentia.

The portfolio is up 4.1 percent year-to-date, compared to the index, which has advanced 12.1 percent.