In Q1 2024 Centennial Invest AS had invested in average NOK 93m, with a profit of NOK 9,525m or 10,23% return (annualised 40,92%) with the following distribution as of 31.03.2024.
Realized gains NOK 3,065m
Dividends received NOK 2,064m
Option premiums received NOK 1,506m
Unrealized profit 2,89m
In the same period Oslo Stock exchange rose 1,5%. Increasing investments in Swedish and US equities, gave significant excess return both because of rising stock prices and weak NOK.
Looking into Q2 2024, there has been some nervosity that the expected rate cuts from FED will be some delayed, so consequently some unrealized profit has been realized and cash position has been increased.