Centennial Invest 1.1.2024-31.5.2024

Centennial invest had in average NOK 94m invested in the first five months of 2024, with a profit of 17,265m or 18,36% return YTD (annualized44,64%).

The following distribution as of 31.05.2024;

Realized gains – NOK 9,472m
Dividends received – NOK 6,045m
Option premiums received – NOK 2,852
Unrealized profit – NOK 1,104m

Oslo Stock Exchange is up 10,25% in the same period. Despite delayed interest rate cuts, and inflation above FEDs goal of 2%, global stock markets have been strong this spring, and the main reason for this are strong Q1 results for companies and the rise of AI.