Nordkinn USD G

Nordkinn Fixed Income Macro Fund USD G

NAV: 112.43 (29.06.2018)
ISIN: SE0006826038
Bloomberg code: NRDKING

Inception Date: 01.03.2015
Base Currency: USD
Target Return: Hurdle rate + minimum 4%
Target volatility: 4-8%
Minimum Investment: 100.000 USD
Minimum Subsequent:
10.000 USD
Management Fee:
1%
Performance Fee:
20%

High Watermark: Yes
Hurdle Rate: US 3-month t-bill
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

USD G Bond index* Equity index**
1 mth 0.19% -0.59% -0.54%
YTD 1.06% -0.73% -0.43%
Inception 12.43% 8.22% 41.69%

*Bond index: Barclays Global Agg. Treasuries Total Return Index Unhedged USD (LGTRTRUU)
**Equity index: MSCI ACWI Net Total Return USD Index (M1WD)

Source: Bloomberg/Nordkinn Asset Management

USD G Bond index* Equity index**
Stdev ***  1.98% 6.14%  8.02%
Corr *** -0.11  0.53
Pos mths 70.00% 60.00%  79.31%
Beta -0.03  0.10

*Bond index: Barclays Global Agg. Treasuries Total Return Index Unhedged USD (LGTRTRUU)
**Equity index: MSCI ACWI Net Total Return USD Index (M1WD)
*** 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

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

Historical Performance

 

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2015 0.79% 0.41% -0.21% -0.48% 0.94% -0.58% 0.06% 0.70% 0.44% 0.65% 2.74%
2016 -0.85% -0.35% 1.40% -0.16% 0.66% 0.30% 0.10% 0.01%  0.71%  0.82%  0.39%  0.41% 3.47%
2017 1.16% 0.21% 0.88%  0.19%  -0.06%  0.50%  0.72%  -0.54%  1.09%  0.16%  -0.77%  1.01% 4.65%
2018 1.01%  -0.09%  -0.07%  0.66% -0.63% 0.19% 1.06%