Elementa Management

Elementa

Strategy Description

Elementa is a niche long/short equity fund, targeting to generate high absolute returns over time independent of general market cycles. The fund specializes in Nordic small and mid-sized companies, both for longs and shorts. Elementa proactively seeks "x factor" opportunities with tangible growth prospects, business model scalability and strong cash flow generation, or the opposite for the short book. The fund leverages a research intense investment approach to identify and develop investment ideas. Elementa's primary focus is equities, but the fund may also opportunistically invest in corporate bonds in situations offering attractive "equity like" return dynamics.

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment50,000 SEK
AUM -
Highwater MarkYes
Inception DateMar 2015
Management Fee1.5%
Performance Fee25%

Company Information

CompanyElementa Management
PrincipalMarcus Wahlberg
AddressLinnégatan 6
Stockholm, 114 34
Phone+46 8 660 02 25
Emailinfo@elementamanagement.se
Websitewww.elementamanagement.se

Monthly Performance

  JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Year
2017 0.40 0.65 -1.13 -1.30 0.40 1.05 1.51 0.79 -1.03 -0.81 -0.27 0.26 0.47
2016 -0.10 -0.11 1.67 0.75 0.71 1.05 1.63 1.81 2.92 1.75 0.32 0.70 13.87
2015 0.99 2.57 1.09 0.73 1.01 0.51 0.59 1.27 3.36 2.01 15.02
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 0.26
3 Month ROR -0.82
Year To Date 0.47
12 Month ROR 0.47
36 Month ROR -
Compound ROR 10.17
Winning Months (%) 79.41
Average Winning Month 1.20
Average Losing Month -0.68
Total Return 31.59

Risk Statistics

Sharpe Ratio 2.64
Sortino Ratio 7.49
Sterling Ratio 0.94
Calmar Ratio 4.21
Skewness 0.14
Kurtosis 0.35
Maximum Drawdown -2.42
Correlation vs S&P 500 0.03
Average Losing Month -0.68
Standard Deviation (monthly) 1.07
Downside Deviation 0.37

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 -2.42 2 3 03/2017 07/2017
2 -2.10 3 0 09/2017 12/2017
3 -0.21 2 1 01/2016 03/2016
4 - - - - -
5 - - - - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.36-1.300.820.740.2679.41
3 Months 6.78-2.102.482.46-0.8281.25
6 Months 10.27-0.385.276.660.4393.10
1 Year 18.840.4711.3913.430.47100.00
2 Years 32.3514.4123.5724.2214.41100.00
3 Years ------
5 Years ------

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 ROR0.26-0.270.070.040.56 -
% Positive100.0033.3350.0058.3370.83 -
Avg. Pos. Period0.260.260.850.721.08 -
Avg. Neg. Period - -0.54-0.70-0.91-0.68 -
Sharpe0.00-1.770.270.161.89 -
Sortino0.00-1.930.450.224.37 -
Std. Deviation0.000.540.970.931.04 -
Down. Deviation0.000.490.550.630.45 -

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.