Alsback Förvaltning AB

Alsback - European Absolute Return Fund Prop.

Strategy Description

Alsback - European Absolute Return Fund is a long/short equity hedge fund investing in European equities.

The fund  targets to generate a positive return at low risk to its unit holders. The return should over time be less dependent on the development of the general stock market. The tradeoff between risk and return should over time be more favorable than an equity index portfolio.

The fund is a mutual fund authorised in Ireland by the Central Bank of Ireland persuant to the provisions of the Unit Trust Acts 1990 and is regulated as a Qualifying Investor Alternative Investment Fund (QIAIF) in line with EU regulations. Alsback Förvaltning AB, a fully owned subsidiary based in Stockholm, is the investment manager of the fund.

The base currency of the fund is Swedish kronor, SEK.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileIreland
Minimum Investment100,000 EUR
AUM1,792M EUR
Inception DateApr 2003
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyAlsback Förvaltning AB
PrincipalSophie Rudolph
AddressP.O. Box 70366
Stockholm, 107 24
Phone+46 8 50559500
E-mail[email protected]
Websitewww.nordicfund.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2017 -0.07 -0.09 -0.16
2016 0.56 1.20 -0.55 -0.92 -0.08 -0.26 -0.75 -0.24 -0.06 -0.41 -0.09 -0.10 -1.70
2015 -3.50 0.68 0.42 0.38 0.40 0.35 -0.52 -0.74 -0.28 -0.31 -0.09 -0.10 -3.33
2014 -2.53 -0.80 -0.16 -0.01 -0.15 0.51 0.35 0.41 -2.27 -0.40 5.16 -6.90 -6.98
2013 3.55 2.62 2.27 0.10 -0.20 -0.53 0.35 0.43 0.22 2.64 1.12 0.13 13.35
2012 2.34 3.14 -0.53 0.83 2.22 -1.72 -1.70 -0.89 -1.27 -0.65 5.73 0.97 8.50
2011 -2.00 0.16 4.24 1.00 0.04 -0.33 3.03 1.56 3.09 -2.81 2.35 -0.22 10.32
2010 -0.34 -0.84 -2.28 -0.76 -1.69 -0.85 4.43 -3.12 9.65 1.94 2.07 0.98 8.88
2009 1.29 -0.85 -0.12 0.59 3.56 -1.33 6.49 -0.02 -0.74 0.25 1.03 5.08 15.96
2008 3.15 1.40 -1.91 -0.44 0.96 -13.61 -1.58 0.52 -0.56 -0.63 0.29 0.14 -12.53
2007 -1.35 -1.04 2.77 2.80 2.30 -0.41 -0.33 -1.59 -0.11 0.78 0.12 0.57 4.47
2006 0.06 1.46 4.37 1.56 -0.37 1.83 -0.13 3.17 3.50 0.70 -1.81 5.43 21.37
2005 -0.72 5.41 -1.13 -0.88 4.65 0.24 0.42 -0.38 4.58 -1.87 4.27 7.13 23.38
2004 -1.03 -0.59 -0.31 2.78 -1.94 3.08 -2.74 -0.57 1.43 -3.91 4.72 1.21 1.79
2003 0.45 -0.31 -1.09 -0.92 0.41 -0.81 1.05 0.72 1.77 1.24
Returns are based on proforma adjustments to a proprietary account to reflect fees. Client accounts will be traded in like fashion.

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 -16.73% 8 23 03/2008 09/2010
2 -11.75% 38 0 01/2014 -
3 -6.08% 5 2 06/2012 12/2012
4 -5.75% 4 4 07/2004 02/2005
5 -2.81% 1 3 10/2011 01/2012

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.09%-0.14%-0.30%-0.10%-0.25%
% Positive0.00%0.00%0.00%25.00%30.56%
Avg. Pos. Period - - - 0.55%0.95%
Avg. Neg. Period-0.09%-0.14%-0.30%-0.31%-0.76%
Sharpe Ratio-24.07-3.85-3.71-0.73-0.51
Sortino Ratio-3.43-2.58-2.53-0.96-0.64
Monthly Volatility0.01%0.12%0.28%0.46%1.63%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.65%-13.61%0.48%0.06%-0.09%50.90%
3 Months 14.09%-14.53%1.47%1.20%-0.26%62.42%
6 Months 20.21%-15.73%3.08%2.70%-0.82%69.14%
1 Year 30.96%-16.02%6.64%7.40%-3.57%73.08%
2 Years 53.31%-11.44%15.08%16.50%-2.35%67.36%
3 Years 64.67%-11.61%24.39%26.62%-8.73%85.61%
5 Years 71.35%2.83%40.20%39.38%2.83%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

Alsback - European Absolute Return Fund is a long/short equity hedge fund investing in European equities.

The fund  targets to generate a positive return at low risk to its unit holders. The return should over time be less dependent on the development of the general stock market. The tradeoff between risk and return should over time be more favorable than an equity index portfolio.

The fund is a mutual fund authorised in Ireland by the Central Bank of Ireland persuant to the provisions of the Unit Trust Acts 1990 and is regulated as a Qualifying Investor Alternative Investment Fund (QIAIF) in line with EU regulations. Alsback Förvaltning AB, a fully owned subsidiary based in Stockholm, is the investment manager of the fund.

The base currency of the fund is Swedish kronor, SEK.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileIreland
Minimum Investment100,000 EUR
AUM1,792M EUR
Inception DateApr 2003
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyAlsback Förvaltning AB
PrincipalSophie Rudolph
AddressP.O. Box 70366
Stockholm, 107 24
Phone+46 8 50559500
E-mail[email protected]
Websitewww.nordicfund.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2017 -0.07 -0.09 -0.16
2016 0.56 1.20 -0.55 -0.92 -0.08 -0.26 -0.75 -0.24 -0.06 -0.41 -0.09 -0.10 -1.70
2015 -3.50 0.68 0.42 0.38 0.40 0.35 -0.52 -0.74 -0.28 -0.31 -0.09 -0.10 -3.33
2014 -2.53 -0.80 -0.16 -0.01 -0.15 0.51 0.35 0.41 -2.27 -0.40 5.16 -6.90 -6.98
2013 3.55 2.62 2.27 0.10 -0.20 -0.53 0.35 0.43 0.22 2.64 1.12 0.13 13.35
2012 2.34 3.14 -0.53 0.83 2.22 -1.72 -1.70 -0.89 -1.27 -0.65 5.73 0.97 8.50
2011 -2.00 0.16 4.24 1.00 0.04 -0.33 3.03 1.56 3.09 -2.81 2.35 -0.22 10.32
2010 -0.34 -0.84 -2.28 -0.76 -1.69 -0.85 4.43 -3.12 9.65 1.94 2.07 0.98 8.88
2009 1.29 -0.85 -0.12 0.59 3.56 -1.33 6.49 -0.02 -0.74 0.25 1.03 5.08 15.96
2008 3.15 1.40 -1.91 -0.44 0.96 -13.61 -1.58 0.52 -0.56 -0.63 0.29 0.14 -12.53
2007 -1.35 -1.04 2.77 2.80 2.30 -0.41 -0.33 -1.59 -0.11 0.78 0.12 0.57 4.47
2006 0.06 1.46 4.37 1.56 -0.37 1.83 -0.13 3.17 3.50 0.70 -1.81 5.43 21.37
2005 -0.72 5.41 -1.13 -0.88 4.65 0.24 0.42 -0.38 4.58 -1.87 4.27 7.13 23.38
2004 -1.03 -0.59 -0.31 2.78 -1.94 3.08 -2.74 -0.57 1.43 -3.91 4.72 1.21 1.79
2003 0.45 -0.31 -1.09 -0.92 0.41 -0.81 1.05 0.72 1.77 1.24
Returns are based on proforma adjustments to a proprietary account to reflect fees. Client accounts will be traded in like fashion.

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return -0.26%
Year to Date Return -0.16%
12 Month Return -3.57%
36 Month Return -8.73%
Total Return Annualized 5.59%
Winning Months (%) 50.90%
Average Winning Month 2.05%
Average Losing Month -1.14%
Total Return Cumulative 113.21%

Risk Statistics (12M)

1 Year
Sharpe Ratio-3.71
Sortino Ratio-2.53
Sterling-0.26
Calmar-1.00
Skewness-1.35
Kurtosis1.08
Maximum Drawdown-3.57%
Correlation vs S&P 500-0.07
Annualized Volatility0.98%
Annualized Down. Deviation0.98%

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 -16.73% 8 23 03/2008 09/2010
2 -11.75% 38 0 01/2014 -
3 -6.08% 5 2 06/2012 12/2012
4 -5.75% 4 4 07/2004 02/2005
5 -2.81% 1 3 10/2011 01/2012

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-0.09%-0.14%-0.30%-0.10%-0.25%
% Positive0.00%0.00%0.00%25.00%30.56%
Avg. Pos. Period - - - 0.55%0.95%
Avg. Neg. Period-0.09%-0.14%-0.30%-0.31%-0.76%
Sharpe Ratio-24.07-3.85-3.71-0.73-0.51
Sortino Ratio-3.43-2.58-2.53-0.96-0.64
Monthly Volatility0.01%0.12%0.28%0.46%1.63%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.65%-13.61%0.48%0.06%-0.09%50.90%
3 Months 14.09%-14.53%1.47%1.20%-0.26%62.42%
6 Months 20.21%-15.73%3.08%2.70%-0.82%69.14%
1 Year 30.96%-16.02%6.64%7.40%-3.57%73.08%
2 Years 53.31%-11.44%15.08%16.50%-2.35%67.36%
3 Years 64.67%-11.61%24.39%26.62%-8.73%85.61%
5 Years 71.35%2.83%40.20%39.38%2.83%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.