Nordkinn NOK B

Nordkinn Fixed Income Macro Fund NOK B

NAV: 124.30 (29.06.2018)
ISIN: SE0005218906
Bloomberg code: NRDKINB

Inception Date: 01.07.2013
Base Currency: NOK
Target Return: Hurdle rate + minimum 4%
Target volatility: 4-8%
Minimum Investment: 1.000.000 NOK
Minimum Subsequent:
100.000 NOK
Management Fee:
1%
Performance Fee:
20%

High Watermark: Yes
Hurdle Rate:  Norway Government Treasury Bills 3M
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

NOK B Bond index* Equity index**
1 mth 0.10% -0.05% 0.64%
YTD 0.50% 0.15% 10.80%
Inception 24.30% 14.32% 94.04%

*Bond index: Oslo Bors Norway Govt Bond Benchmark All (DNIPBM)
**Equity index: Oslo Stock Exchange All Share Index (OSEAX)

Source: Bloomberg/Nordkinn Asset Management

NOK B Bond index* Equity index**
Stdev ***  2.01% 2.55% 10.39%
Corr *** -0.04  0.24
Pos mths 75.00% 61.67% 70.00%
Beta -0.03  0.05

Source: Bloomberg/Nordkinn Asset Management

*Bond index: Oslo Bors Norway Govt Bond Benchmark All (DNIPBM)
**Equity index: Oslo Stock Exchange All Share Index (OSEAX)
*** Standard deviation and Correlation calculated on monthly performance data since fund inception. Stable absolute risk-adjusted returns will result in lower standard deviation.

Nordkinn NOK B Master Fund
Language Swedish/English/Norwegian Swedish/English/Norwegian
KIID
Language Swedish/English Swedish/English
Offering Memorandum
Fund Statues
Next date
Subscription form Subscription form - Nordkinn Fixed Income Macro Funds (English) 25.07.2018
Redemption form Redemtion Form - Nordkinn Fixed Income Macro Funds (English) 25.07.2018

Historical Performance

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ytd
2013 0.41% 0.42% 0.77% -0.80% 0.80% 0.70% 2.32%
2014 0.19% 0.33% 0.65% 0.15% 0.32% 1.82% 1.42% 0.10% 1.24% -0.11% 0.12% 0.06% 6.44%
2015 0.98% 0.35% 0.95% 0.42% -0.14% -0.35% 1.01% -0.53% 0.14% 0.79% 0.57% 0.69% 4.98%
2016 -0.79% -0.34% 1.31% -0.15% 0.80% 0.35% 0.14% -0.03% 0.68%  1.01% 0.58% 0.40% 4.02%
2017 1.06% 0.22% 0.90% 0.18% -0.14% 0.47% 0.67% -0.57%  1.01%  0.14% -0.87% 0.88% 3.99%
2018 0.88%  -0.12%  -0.14%  0.56% -0.77% 0.10% 0.50%