Nordkinn EUR C

Nordkinn Fixed Income Macro Fund EUR C

NAV: 117.28 (28.09.2018)
ISIN: SE0005218914
Bloomberg code: NRDKINC

Inception Date: 01.07.2013
Base Currency: EUR
Target Return: Hurdle rate + minimum 4%
Minimum Investment: 100.000 EUR
Minimum Subsequent:
10.000 EUR
Management Fee:
1%
Performance Fee:
20%

High Watermark: Yes
Hurdle Rate: German 3-month bubill
Subscription: Monthly (4 business days notice)
Redemption: Monthly (4 business days notice)
NAV Estimates: Yes (Weekly)
Lock-in/Side Pockets/Gating: No
Domicile: Swedish (On-shore)
Dividend Paying: No

EUR C Bond index* Equity index**
1 mth 1.20% -1.01% 0.61%
YTD 1.02% 0.86% 7.34%
Inception 17.28% 16.55% 82.24%

*Bond index: Barclays Global Agg. Treasuries Total Return Index Unhedged EUR (LGTRTREU)
**Equity index: MSCI ACWI Net EUR Index (M7WD)

Source: Bloomberg/Nordkinn Asset Management

EUR C Bond index* Equity index**
Stdev ***  2.12% 6.34% 9.90%
Corr *** -0.11  0.31
Pos mths 69.84% 49.21% 66.67%
Beta -0.04  0.07

*Bond index: Barclays Global Agg. Treasuries Total Return Index Unhedged EUR (LGTRTREU)
**Equity index: MSCI ACWI Net EUR Index (M7WD)
*** Standard deviation and Correlation calculated on monthly performance data since fund inception. Stable absolute risk-adjusted returns will result in lower standard deviation.

Source: Bloomberg/Nordkinn Asset Management

EUR C Master Fund
Language Swedish/English Swedish/English
KIID
Offering Memorandum
Fund Statues
Next date
Subscription form Subscription form - Nordkinn Fixed Income Macro Funds (English) 25.10.2018
Redemption form Redemtion Form - Nordkinn Fixed Income Macro Funds (English) 25.10.2018

Historical Performance

 

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2013 0.30% 0.26% 0.63% -0.86% 0.69% 0.49% 1.50%
2014 0.07% 0.14% 0.52% 0.03% 0.22% 1.63% 1.27% 0.10% 1.17% -0.37% -0.08% -0.20% 4.58%
2015 0.94% 0.23% 0.85% 0.35% -0.26% -0.49% 0.90% -0.61% 0.02% 0.64% 0.45% 0.52% 3.59%
2016 -0.92% -0.41% 1.23% -0.25% 0.68% 0.22% 0.02% -0.14% 0.64%  0.87%  0.48%  0.32% 2.76%
2017 1.00% 0.13%  0.74%  0.06%  -0.25%  0.38%  0.58%  -0.66%  0.93%  0.03%  -0.90%  0.70% 2.75%
2018 0.85% -0.23%  -0.30%  0.46% -0.87% -0.01% 1.04% -1.11% 1.20% 1.02%