SEB Asset Management

SEB Asset Selection Opportunistic SEK

Strategy Description

SEB Asset Selection Opportunistic aims to achieve long-term capital growth in absolute terms. The fund takes positions globally in one or several of the following asset classes: equities, currencies, bonds, and commodity indices. The fund’s return target is the risk-free rate plus 10 percentage points per year, measured as an average over a period of 3-5 years. The fund typically invests in short-term bonds issued by government or companies with the aim to generate the risk-free rate of return. In pursuit of excess return, the fund takes derivatives positions (mainly in futures and forwards) on indices or single instruments within equity, bond, currency and commodity markets. SEB Asset Selection Opportunistic is part of the SEB Asset Selection group of funds employing similar strategies, but exhibits a different risk/return profile. This fund exhibits the highest risk level among the three SEB Asset Selection funds.

General Information

NHX CategoryManaged Futures & CTA
NHX CountrySweden
Legal StructureFund
Fund DomicileLuxembourg
Minimum Investment -
AUM340M EUR
Highwater MarkYes
Inception DateJun 2009
Management Fee1.5%
Performance Fee20%

Company Information

CompanySEB Asset Management
PrincipalHans-Olov Borneman
AddressSveavägen 8
Stockholm, 106 40
Phone+46 771 365 365
EmailGlobalQuantTeam@seb.se
Websitewww.seb.se/fonder

Monthly Performance

  JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Year
2017 -3.61 2.94 -0.89 0.22 1.48 -3.99 5.68 -1.28 -2.86 3.87 0.88 -2.06 -0.13
2016 8.04 3.15 -5.09 -1.61 -4.12 8.49 2.24 -0.95 -0.02 -5.44 2.25 3.96 10.17
2015 14.04 -0.13 4.69 -6.48 -0.39 -6.16 2.85 -2.01 2.41 -7.63 1.62 -4.58 -3.65
2014 -6.00 5.84 0.06 1.91 6.82 4.15 -2.31 7.21 0.78 -1.22 8.71 4.31 33.44
2013 5.08 -0.15 4.85 5.32 -5.86 -4.08 -2.13 -0.23 -4.86 4.92 5.09 0.66 7.87
2012 -3.92 -0.83 -2.49 0.56 3.07 -7.71 5.10 -2.89 1.27 -3.73 1.92 2.63 -7.50
2011 -2.22 2.97 -5.35 5.52 -3.97 -2.64 8.30 1.76 3.36 -9.72 2.16 4.67 3.38
2010 -7.48 2.43 5.59 3.44 -3.86 -1.04 -0.87 2.81 1.09 1.93 -7.18 7.03 2.74
2009 -2.62 -0.36 1.47 5.15 -1.96 4.15 -4.55 0.90
There is a substantial risk of loss in trading commodity futures, equities, options and off-exchange foreign currency products. Past performance is not indicative of future results.

Manager Bio

Return Statistics

Last Month -2.06
3 Month ROR 2.63
Year To Date -0.13
12 Month ROR -0.13
36 Month ROR 6.01
Compound ROR 4.94
Winning Months (%) 53.40
Average Winning Month 3.87
Average Losing Month -3.37
Total Return 51.29

Risk Statistics

Sharpe Ratio 0.39
Sortino Ratio 0.50
Sterling Ratio 0.09
Calmar Ratio 0.10
Skewness 0.09
Kurtosis -0.16
Maximum Drawdown -19.37
Correlation vs S&P 500 -0.01
Average Losing Month -3.37
Standard Deviation (monthly) 4.41
Downside Deviation 2.81

Risk/Return Chart

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 Month Rolling ROR

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
1 -19.37 14 0 04/2015 12/2017
2 -16.11 5 8 05/2013 05/2014
3 -14.63 13 6 10/2011 04/2013
4 -11.69 2 19 12/2009 08/2011
5 -2.97 2 2 06/2009 09/2009

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 14.04-9.720.500.66-2.0653.40
3 Months 29.32-12.581.560.862.6356.44
6 Months 38.02-11.993.022.094.0056.12
1 Year 61.89-14.536.361.95-0.1364.13
2 Years 59.33-13.2114.037.2210.0371.25
3 Years 70.88-8.6225.0022.766.0186.76
5 Years 74.3315.8945.1347.0152.61100.00

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Drawdown

Volatility (12 Months Rolling)

Time Window Analysis

1 Month3 Months6 Months1 Year2 Years3 Years
Average ROR-2.060.870.66-0.010.400.16
% Positive0.0066.6750.0050.0050.0047.22
Avg. Pos. Period - 2.383.482.513.604.05
Avg. Neg. Period-2.06-2.06-2.07-2.45-2.66-3.12
Sharpe0.001.050.710.040.420.20
Sortino-3.462.531.49-0.020.620.20
Std. Deviation0.002.973.443.063.884.62
Down. Deviation2.061.191.531.912.232.80

AUM

ALL DATA INCLUDING PERFORMANCE NUMBERS HAVE BEEN SUPPLIED BY THE RESPECITVE MANAGERS AND FUND. HEDGENORDIC IN NO WAY GUARANTEES THE ACCURACY OF THESE NUMBERS AND HAS SUPPLIED THEM TO YOU FOR INFORMATION PURPOSES ONLY. THIS DOES NOT CONSTITUTE A SOLICITATION TO BUY OR AN OFFER TO SELL. NO INVESTMENT SHOULD BE MADE WITHOUT FULLY REVIEWING THE ASSOCIATED RISK FACTORS, FEES AND CONFLICTS OF INTEREST AS OUTLINED IN EACH FUNDS S RISK DISCLOSURE DOCUMENT. THERE MAY BE FUNDS WHO HAVE CHOSEN NOT TO BE LISTED IN THE HEDGENORDIC DATABASE AND NHX THAT MAY HAVE BETTER OR WORSE PERFORMANCE THAN THOSE IN OUR DATABASE.

THE RISK OF LOSS IN INVESTING IN HEDGEFUNDS CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADE ONLY WITH RISK CAPITAL. SALES RESTRICTIONS MAY APPLY IN YOUR JURISDICTION.