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.