Nordkinn EUR C

Nordkinn Fixed Income Macro Fund EUR C

NAV: 115.30 (29.03.2019)
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 0.02% 2.63% 2.69%
YTD 0.93% 3.43% 14.201%
Inception 15.30% 25.09% 84.49%

*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 ***  2.26% 6.19% 10.92%
Corr *** -0.12 0.36
Pos mths 69.57% 52.17% 66.67%
Beta -0.04  0.08

*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
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 EUR C’s historical performance, is calculated and presented net of all fees, and in the Fund’s base currency euro (EUR).
Past performance is no guarantee for future returns which may vary.

 

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% 0.17% -1.38% -1.40% -1.60%
2019 0.91% 0.00% 0.02% 0.93%