Catella Fondförvaltning AB

Catella Hedgefond

Strategy Description

Catella Hedgefond is a hedge fund aiming to generate consistent, positive returns regardless of the performance of Nordic capital markets. The fund invests in Nordic fixed-income securities and equities, and gains protection from downturns through derivatives in order to make money in both market upturns and downturns. Catella Hedgefond invests in transferable securities, fund units, money-market instruments and derivatives. A maximum of 10% of the fund’s assets may be invested in fund units. The analysis process behind Catella Hedgefond’s investments primarily involves fundamental analysis, which studies the earnings capacities of companies, their cash flows, and so on. Quantitative analysis and risk analysis complement the fund’s investment analysis process.

General Information

NHX CategoryMulti Strategy
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment10,000 SEK
AUM9,175M SEK
Highwater MarkYes
Inception DateMar 2004
Management Fee1%
Performance Fee20%

Company Information

CompanyCatella Fondförvaltning AB
PrincipalStefhan Klang
AddressBirger Jarlsgatan 6
Stockholm, 103 90
Phone+4686142520
Emailsales@catella.se
Websitewww.catellafonder.se

Monthly Performance

  JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Year
2017 0.87 0.50 -0.46 0.27 0.22 0.80 0.67 0.44 0.40 -0.11 -0.05 1.01 4.65
2016 -2.70 -1.15 0.70 0.02 1.09 -1.50 1.90 0.03 0.26 -0.08 0.02 0.37 -1.12
2015 0.99 1.68 0.13 0.39 0.33 -1.80 0.77 -0.20 -0.90 1.70 1.55 0.04 4.72
2014 0.78 1.63 0.85 1.75 1.18 0.52 -0.52 0.87 -0.87 1.36 0.16 0.25 8.22
2013 0.90 1.03 0.03 0.29 0.29 -0.86 1.43 0.66 1.00 0.67 1.21 0.60 7.47
2012 1.67 1.08 0.08 0.67 -0.77 -0.47 0.29 1.14 0.57 0.20 0.15 0.89 5.61
2011 -0.24 0.26 0.68 1.09 0.22 -0.31 -0.80 -2.34 -1.34 0.38 -0.07 0.59 -1.91
2010 0.02 -1.14 2.02 0.40 -0.71 -0.21 0.65 -0.18 1.24 0.25 0.05 1.55 3.96
2009 1.65 0.74 0.24 2.59 0.89 0.05 0.15 0.89 1.67 0.32 0.64 1.09 11.45
2008 -0.79 1.15 0.28 1.23 0.58 -1.47 0.62 0.15 -3.00 -2.74 -0.39 -0.35 -4.73
2007 0.87 0.15 1.50 1.65 0.98 -0.40 -0.51 -0.43 0.19 -0.34 -1.35 0.82 3.13
2006 1.00 1.29 1.67 0.83 -1.94 -0.28 -0.28 0.72 0.60 1.47 1.04 1.63 7.97
2005 0.91 1.73 0.60 0.08 1.87 2.09 1.42 0.08 1.25 -0.18 1.17 1.78 13.54
2004 2.44 0.25 0.46 1.57 -0.66 0.09 1.27 0.45 1.63 0.64 8.41
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 1.01
3 Month ROR 0.85
Year To Date 4.65
12 Month ROR 4.65
36 Month ROR 8.36
Compound ROR 5.04
Winning Months (%) 75.30
Average Winning Month 0.83
Average Losing Month -0.85
Total Return 97.51

Risk Statistics

Sharpe Ratio 1.48
Sortino Ratio 2.49
Sterling Ratio 0.22
Calmar Ratio 0.71
Skewness -0.82
Kurtosis 1.45
Maximum Drawdown -7.02
Correlation vs S&P 500 0.56
Average Losing Month -0.85
Standard Deviation (monthly) 0.97
Downside Deviation 0.57

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 -7.02 7 9 06/2008 09/2009
2 -4.72 4 12 06/2011 09/2012
3 -3.82 2 12 01/2016 02/2017
4 -2.81 6 6 06/2007 05/2008
5 -2.49 3 3 05/2006 10/2006

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 2.59-3.000.420.461.0175.30
3 Months 5.48-6.031.231.360.8578.05
6 Months 8.03-6.692.472.572.3882.61
1 Year 15.21-4.734.954.814.6582.58
2 Years 25.92-1.759.667.733.4895.10
3 Years 35.574.6214.4611.748.36100.00
5 Years 35.128.9223.7525.6126.03100.00

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 ROR1.010.280.390.380.140.22
% Positive100.0033.3366.6775.0070.8372.22
Avg. Pos. Period1.011.010.630.580.560.66
Avg. Neg. Period - -0.08-0.08-0.21-0.86-0.90
Sharpe0.001.563.203.020.550.82
Sortino0.0014.0027.579.570.731.19
Std. Deviation0.000.630.430.440.920.96
Down. Deviation0.000.070.050.140.680.65

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.