Case Kapitalförvaltning AB

Case Credit Opportunity

Strategy Description

Case Credit Opportunity is an absolute return special fund investing in fixed-income securities, mainly corporate bonds issued in Nordic countries. In management, derivatives are used to protect capital as well as to increase the return possibilities. The fund is expected, over time, to have low covariation with the stock market and can thus both increase the expected return and lower the expected risk in a traditional portfolio consisting of equities and bonds. The fund’s capital must be invested to at least 70 percent in interest-related financial instruments and in an account in a credit institution.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100 SEK
AUM429M SEK
Inception DateNov 2014
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyCase Kapitalförvaltning AB
PrincipalJohan Andrassy
AddressNorrlandsgatan 10 c
Stockholm, 111 43
Phone+46 08-662 06 90
E-mail[email protected]
Websitewww.casefonder.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 2.87 2.87
2023 2.05 1.42 -1.59 0.92 -0.42 -0.42 0.39 0.71 0.45 -0.81 -0.61 1.82 3.91
2022 -0.02 -0.57 -0.43 0.21 -0.92 -2.96 2.08 0.99 -2.26 -1.60 1.29 -0.14 -4.36
2021 0.78 0.98 0.68 0.78 0.73 0.45 0.14 0.71 0.61 0.34 0.13 0.19 6.71
2020 0.23 -0.51 -9.47 2.72 1.02 3.40 0.31 1.44 1.32 0.58 0.40 0.64 1.49
2019 0.89 -0.41 0.64 1.00 0.38 0.51 0.88 0.36 -0.34 0.58 0.62 0.08 5.30
2018 0.70 -0.64 0.08 0.03 -0.39 0.47 -0.15 0.42 0.31 0.21 -0.41 -0.46 0.16
2017 0.94 1.12 0.39 0.84 0.86 0.77 0.26 0.43 0.62 0.29 -0.36 0.15 6.49
2016 -1.39 -1.70 2.04 0.61 1.01 -0.27 1.05 0.82 -0.13 -0.06 0.35 0.65 2.96
2015 0.04 1.66 0.63 0.59 -0.15 -1.11 0.57 -0.39 -1.34 1.63 0.60 -0.78 1.92
2014 0.02 0.27 0.29

Portfolio Managers

 
No data filled

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. 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 fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds 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.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -9.93% 2 7 02/2020 10/2020
2 -5.45% 10 15 01/2022 01/2024
3 -4.04% 10 5 05/2015 07/2016
4 -0.92% 4 4 02/2018 09/2018
5 -0.87% 2 1 11/2018 01/2019

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.35%0.73%0.39%0.09%0.22%
% Positive66.67%66.67%58.33%50.00%63.89%
Avg. Pos. Period2.35%1.46%1.23%1.27%0.91%
Avg. Neg. Period-0.61%-0.71%-0.77%-1.06%-0.98%
Sharpe Ratio3.231.981.140.250.67
Sortino Ratio13.276.112.350.340.98
Monthly Volatility1.46%1.29%1.20%1.41%1.18%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.40%-9.47%0.25%0.39%2.87%70.27%
3 Months 7.30%-9.72%0.70%0.90%4.10%74.31%
6 Months 10.62%-8.56%1.35%1.58%4.46%72.64%
1 Year 15.19%-5.99%2.71%2.22%4.75%78.00%
2 Years 18.75%-4.91%5.87%5.62%2.25%88.64%
3 Years 16.87%-1.05%9.36%9.87%8.25%98.68%
5 Years 23.21%3.96%15.13%15.13%15.56%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. 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 fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds 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.

Strategy Description

Case Credit Opportunity is an absolute return special fund investing in fixed-income securities, mainly corporate bonds issued in Nordic countries. In management, derivatives are used to protect capital as well as to increase the return possibilities. The fund is expected, over time, to have low covariation with the stock market and can thus both increase the expected return and lower the expected risk in a traditional portfolio consisting of equities and bonds. The fund’s capital must be invested to at least 70 percent in interest-related financial instruments and in an account in a credit institution.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100 SEK
AUM429M SEK
Inception DateNov 2014
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyCase Kapitalförvaltning AB
PrincipalJohan Andrassy
AddressNorrlandsgatan 10 c
Stockholm, 111 43
Phone+46 08-662 06 90
E-mail[email protected]
Websitewww.casefonder.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 2.87 2.87
2023 2.05 1.42 -1.59 0.92 -0.42 -0.42 0.39 0.71 0.45 -0.81 -0.61 1.82 3.91
2022 -0.02 -0.57 -0.43 0.21 -0.92 -2.96 2.08 0.99 -2.26 -1.60 1.29 -0.14 -4.36
2021 0.78 0.98 0.68 0.78 0.73 0.45 0.14 0.71 0.61 0.34 0.13 0.19 6.71
2020 0.23 -0.51 -9.47 2.72 1.02 3.40 0.31 1.44 1.32 0.58 0.40 0.64 1.49
2019 0.89 -0.41 0.64 1.00 0.38 0.51 0.88 0.36 -0.34 0.58 0.62 0.08 5.30
2018 0.70 -0.64 0.08 0.03 -0.39 0.47 -0.15 0.42 0.31 0.21 -0.41 -0.46 0.16
2017 0.94 1.12 0.39 0.84 0.86 0.77 0.26 0.43 0.62 0.29 -0.36 0.15 6.49
2016 -1.39 -1.70 2.04 0.61 1.01 -0.27 1.05 0.82 -0.13 -0.06 0.35 0.65 2.96
2015 0.04 1.66 0.63 0.59 -0.15 -1.11 0.57 -0.39 -1.34 1.63 0.60 -0.78 1.92
2014 0.02 0.27 0.29

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 2.87%
3 Month Return 4.10%
Year to Date Return 2.87%
12 Month Return 4.75%
36 Month Return 8.25%
Total Return Annualized 2.95%
Winning Months (%) 70.27%
Average Winning Month 0.78%
Average Losing Month -1.01%
Total Return Cumulative 30.86%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.14
Sortino Ratio2.35
Sterling0.41
Calmar2.99
Skewness0.48
Kurtosis0.69
Maximum Drawdown-1.59%
Correlation vs S&P 500-0.21
Annualized Volatility4.16%
Annualized Down. Deviation1.51%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -9.93% 2 7 02/2020 10/2020
2 -5.45% 10 15 01/2022 01/2024
3 -4.04% 10 5 05/2015 07/2016
4 -0.92% 4 4 02/2018 09/2018
5 -0.87% 2 1 11/2018 01/2019

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.35%0.73%0.39%0.09%0.22%
% Positive66.67%66.67%58.33%50.00%63.89%
Avg. Pos. Period2.35%1.46%1.23%1.27%0.91%
Avg. Neg. Period-0.61%-0.71%-0.77%-1.06%-0.98%
Sharpe Ratio3.231.981.140.250.67
Sortino Ratio13.276.112.350.340.98
Monthly Volatility1.46%1.29%1.20%1.41%1.18%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.40%-9.47%0.25%0.39%2.87%70.27%
3 Months 7.30%-9.72%0.70%0.90%4.10%74.31%
6 Months 10.62%-8.56%1.35%1.58%4.46%72.64%
1 Year 15.19%-5.99%2.71%2.22%4.75%78.00%
2 Years 18.75%-4.91%5.87%5.62%2.25%88.64%
3 Years 16.87%-1.05%9.36%9.87%8.25%98.68%
5 Years 23.21%3.96%15.13%15.13%15.56%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. 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 fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds 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.