The Norwegian Sovereign Wealth Fund's investment return rate for the first quarter of 2026 was -1.9%.

The Norwegian Sovereign Wealth Fund released its operating report for the first quarter on April 23, showing a return rate of -1.9% for the first quarter of 2026, calculated as -636 billion krone according to accounting principles. The fund's stock investment return rate was -2.6%, fixed income investment return rate was -0.2%, and non-listed real estate investment return rate was 1.2%. The return rate for non-listed renewable energy infrastructure investments was -1.9%. The fund's return rate was 0.01 percentage points higher than the benchmark index. The Norwegian Sovereign Wealth Fund stated that this performance reflects a challenging market environment. Fixed income and real estate were minimally impacted, but the decline in the stock market, especially with large US technology companies, was the key factor determining the final results. As of March 31, 2026, the total value of the fund was 199.98 trillion krone, with 70.2% invested in stocks, 27.6% in fixed income products, 1.8% in non-listed real estate, and 0.4% in non-listed renewable energy infrastructure.