Manager forced to liquidate prize-winning fund: "It is sad that it ended like this"
In 2018, Forte Kreditt was called the best high yield fund in Norway. Since then, its AUM has almost disappeared, and after the fund dropped by 24 percent this year, it is game over.
BY JOHN SELJEHAUG / FINANSWATCH.NO
After high yield Forte Kreditt had dropped by 23.8 percent in three months, the fund was suspended in mid-March after too many clients wanted to redeem at once.
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