Nordkinn USD G

Nordkinn Fixed Income Macro Fund USD G

NAV: 113.97 (29.03.2019)
ISIN: SE0006826038
Bloomberg code: NRDKING

Inception Date: 01.03.2015
Base Currency: USD
Target Return: Hurdle rate + minimum 4%
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 0.28% 1.21% 1.25%
YTD 1.57% 1.90% 12.91%
Inception 13.97% 10.68% 44.60%

*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 ***  2.30% 5.81% 10.87%
Corr *** -0.15 0.49
Pos mths 69.39% 57.14% 78.95%
Beta -0.06 0.09

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

 

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% 1.23% -0.95% 1.43% 0.35% -1.13% -1.08% 0.86%
2019 1.15% 0.13% 0.28% 1.57%