Nordkinn SEK A

Nordkinn Fixed Income Macro Fund SEK A

NAV: 116.64 (29.03.2019)
ISIN: SE0005218898
Bloomberg code: NRDKINA

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

High Watermark: Yes
Hurdle Rate: SSVX 90-days
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

SEK A Bond index* Equity index**
1 mth 0.03% 1.33% 1.00%
YTD 0.92% 1.81% 13.05%
Inception 16.64% 20.56% 93.01%

*Bond index: OMRX Index SEK (OMRX)
**Equity index: OMX Stockholm Total Return Index SEK (OMXSGI)

Source: Bloomberg/Nordkinn Asset Management

SEK A Bond index* Equity index**
Stdev ***  2.31% 3.49% 12.24%
Corr *** -0.22 0.34
Pos mths 69.57% 59.42% 66.67%
Beta -0.15 0.06

*Bond index: OMRX Index (OMRX)
**Equity index: OMX Stockholm Total Return Index SEK (OMXSGI)
*** 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

SEK A Master Fund
Language Swedish/English Swedish/English
KIID
Offering Memorandum
Next date
Subscription form Subscription form - Nordkinn Fixed Income Macro Funds (English) 24.04.2019
Redemption form Redemtion Form - Nordkinn Fixed Income Macro Funds (English) 24.04.2019

Historical Performance

All data below, presenting the Nordkinn Fixed Income Macro Fund SEK A’s historical performance, is calculated and presented net of all fees, and in the Fund’s base currency SEK.
Past performance is no guarantee for future returns which may vary.

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ytd
2013 0.38% 0.38% 0.67% -0.77% 0.78% 0.57% 2.03%
2014 0.07% 0.22% 0.60% 0.12% 0.29% 1.74% 1.38% 0.14% 1.16% -0.31% -0.03% -0.12% 5.35%
2015 0.95% 0.24% 0.85% 0.37% -0.26% -0.53% 0.91% -0.65% 0.00% 0.67% 0.43% 0.50% 3.50%
2016 -0.92% -0.44% 1.18% -0.27% 0.67% 0.26% 0.04% -0.15%  0.68%  1.00%  0.46%  0.21% 2.72%
2017 0.95%  0.15%  0.74%  0.08%  -0.24%  0.36%  0.58%  -0.68%  0.95%  0.03%  -0.94%  0.72% 2.70%
2018 0.87%  -0.21%  -0.31%  0.51% -0.90% -0.03% 1.07% -1.16% 1.26% 0.19% -1.39% -1.39% -1.53%
2019 0.88% 0.00% 0.03% 0.92%