Max Mitteregger Kapitalförvaltning AB

Gladiator Fond

Strategy Description

The aim of the Gladiator Fund is to deliver the best possible return over time on invested capital at a well balanced level of risk, regardless of the overall performance of the market. The fund, thus, aims to achieve an absolute return, unlike traditional relative return investment funds, which seek to achieve a good return in relation to an index. The Gladiator Fund pursues an investment strategy which defines the fund as a long/short equity fund. The fund is authorised to use short selling and various derivative strategies. From time to time, the fund will use leveraged investments and will normally have a more concentrated portfolio (i.e. the individual positions will be larger than in a traditional investment fund). The fund normally only invest in companies that have a market capitalization of at least SEK 3 billion. 

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureAlternative Investment Fund
Fund DomicileSweden
Minimum Investment100,000 SEK
AUM367M SEK
Inception DateFeb 2005
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyMax Mitteregger Kapitalförvaltning AB
PrincipalMax Mitteregger
AddressBox 7472
Stockholm, 103 92
Phone+46 08 545 048 40
E-mail[email protected]
Websitewww.mittkap.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2022 3.03 12.71 -3.55 0.84 12.94
2021 -6.11 -1.64 -11.59 2.30 -10.43 8.51 -17.88 3.48 1.47 -29.03 -7.12 5.43 -51.35
2020 5.11 -3.15 5.48 13.29 -1.26 1.19 1.65 1.64 -0.30 -2.99 0.07 1.23 23.04
2019 -4.52 -2.85 -1.69 -9.30 5.24 -4.39 5.77 -2.66 -6.77 0.31 4.89 -4.29 -19.56
2018 2.42 -0.95 2.13 7.02 0.40 1.50 4.46 -0.03 2.76 -0.59 4.20 -4.72 19.67
2017 0.38 0.16 2.38 1.28 3.74 3.61 -4.40 -2.33 0.10 1.16 -1.11 3.52 8.46
2016 -2.26 5.05 2.28 0.71 1.41 -1.00 4.90 -2.11 3.00 -3.79 5.82 0.14 14.50
2015 0.12 1.94 2.53 7.31 -0.42 -3.98 -1.85 3.92 2.59 2.96 0.42 3.71 20.47
2014 4.12 4.42 -3.64 2.29 1.85 1.46 -2.87 1.50 -4.30 5.65 -2.72 -1.19 6.10
2013 4.67 4.01 0.03 -0.52 1.85 0.66 0.37 1.29 12.53 -5.93 3.72 -2.00 21.50
2012 1.12 -3.49 4.26 -2.30 6.19 -7.20 -2.08 4.42 3.21 -0.41 -3.49 2.66 2.00
2011 3.65 -0.72 0.30 -2.81 3.09 2.60 1.46 1.76 2.43 0.32 -2.18 0.04 10.16
2010 7.22 2.53 -1.10 -1.77 -4.57 -3.94 0.15 -3.74 14.60 -1.39 -0.50 11.18 17.99
2009 7.46 3.00 -0.78 5.48 7.08 1.83 2.16 2.41 2.00 0.61 4.87 1.91 44.93
2008 -4.69 9.56 0.04 4.57 2.54 -19.39 2.15 3.48 -14.65 -25.03 12.13 1.78 -30.30
2007 3.69 -2.31 5.21 0.60 3.76 0.31 -0.34 -1.22 -2.91 0.45 2.90 -1.26 8.85
2006 0.07 3.15 6.18 0.03 -5.07 0.51 -0.05 4.50 3.28 -1.63 2.75 4.34 19.01
2005 1.49 0.83 0.38 3.87 2.24 5.78 0.21 2.33 -0.16 4.77 5.42 30.48

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 -56.49% 36 0 12/2018 -
2 -45.48% 5 26 06/2008 12/2010
3 -9.13% 2 6 06/2012 01/2013
4 -7.03% 7 1 07/2007 02/2008
5 -6.63% 2 7 07/2017 03/2018

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.11%1.69%-3.43%-2.42%-1.16%
% Positive66.67%66.67%58.33%54.17%55.56%
Avg. Pos. Period6.78%5.50%5.07%3.35%4.18%
Avg. Neg. Period-3.55%-5.34%-13.60%-8.35%-7.07%
Sharpe Ratio1.681.03-0.83-0.82-0.36
Sortino Ratio5.261.81-1.13-1.05-0.60
Monthly Volatility6.87%6.36%11.31%8.47%7.84%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 14.60%-29.03%0.66%1.19%0.84%65.22%
3 Months 22.64%-33.79%1.96%3.50%9.62%68.29%
6 Months 32.20%-44.09%3.83%6.19%10.60%69.31%
1 Year 54.77%-53.29%8.40%12.21%-34.22%77.04%
2 Years 76.42%-45.67%18.53%23.42%-44.43%75.54%
3 Years 119.69%-56.49%29.20%35.70%-34.25%86.05%
5 Years 162.12%-40.64%61.37%61.97%-32.29%93.24%

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

The aim of the Gladiator Fund is to deliver the best possible return over time on invested capital at a well balanced level of risk, regardless of the overall performance of the market. The fund, thus, aims to achieve an absolute return, unlike traditional relative return investment funds, which seek to achieve a good return in relation to an index. The Gladiator Fund pursues an investment strategy which defines the fund as a long/short equity fund. The fund is authorised to use short selling and various derivative strategies. From time to time, the fund will use leveraged investments and will normally have a more concentrated portfolio (i.e. the individual positions will be larger than in a traditional investment fund). The fund normally only invest in companies that have a market capitalization of at least SEK 3 billion. 

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureAlternative Investment Fund
Fund DomicileSweden
Minimum Investment100,000 SEK
AUM367M SEK
Inception DateFeb 2005
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyMax Mitteregger Kapitalförvaltning AB
PrincipalMax Mitteregger
AddressBox 7472
Stockholm, 103 92
Phone+46 08 545 048 40
E-mail[email protected]
Websitewww.mittkap.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2022 3.03 12.71 -3.55 0.84 12.94
2021 -6.11 -1.64 -11.59 2.30 -10.43 8.51 -17.88 3.48 1.47 -29.03 -7.12 5.43 -51.35
2020 5.11 -3.15 5.48 13.29 -1.26 1.19 1.65 1.64 -0.30 -2.99 0.07 1.23 23.04
2019 -4.52 -2.85 -1.69 -9.30 5.24 -4.39 5.77 -2.66 -6.77 0.31 4.89 -4.29 -19.56
2018 2.42 -0.95 2.13 7.02 0.40 1.50 4.46 -0.03 2.76 -0.59 4.20 -4.72 19.67
2017 0.38 0.16 2.38 1.28 3.74 3.61 -4.40 -2.33 0.10 1.16 -1.11 3.52 8.46
2016 -2.26 5.05 2.28 0.71 1.41 -1.00 4.90 -2.11 3.00 -3.79 5.82 0.14 14.50
2015 0.12 1.94 2.53 7.31 -0.42 -3.98 -1.85 3.92 2.59 2.96 0.42 3.71 20.47
2014 4.12 4.42 -3.64 2.29 1.85 1.46 -2.87 1.50 -4.30 5.65 -2.72 -1.19 6.10
2013 4.67 4.01 0.03 -0.52 1.85 0.66 0.37 1.29 12.53 -5.93 3.72 -2.00 21.50
2012 1.12 -3.49 4.26 -2.30 6.19 -7.20 -2.08 4.42 3.21 -0.41 -3.49 2.66 2.00
2011 3.65 -0.72 0.30 -2.81 3.09 2.60 1.46 1.76 2.43 0.32 -2.18 0.04 10.16
2010 7.22 2.53 -1.10 -1.77 -4.57 -3.94 0.15 -3.74 14.60 -1.39 -0.50 11.18 17.99
2009 7.46 3.00 -0.78 5.48 7.08 1.83 2.16 2.41 2.00 0.61 4.87 1.91 44.93
2008 -4.69 9.56 0.04 4.57 2.54 -19.39 2.15 3.48 -14.65 -25.03 12.13 1.78 -30.30
2007 3.69 -2.31 5.21 0.60 3.76 0.31 -0.34 -1.22 -2.91 0.45 2.90 -1.26 8.85
2006 0.07 3.15 6.18 0.03 -5.07 0.51 -0.05 4.50 3.28 -1.63 2.75 4.34 19.01
2005 1.49 0.83 0.38 3.87 2.24 5.78 0.21 2.33 -0.16 4.77 5.42 30.48

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return 9.62%
Year to Date Return 12.94%
12 Month Return -34.22%
36 Month Return -34.25%
Total Return Annualized 6.24%
Winning Months (%) 65.22%
Average Winning Month 3.27%
Average Losing Month -4.24%
Total Return Cumulative 184.12%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.83
Sortino Ratio-1.13
Sterling-0.62
Calmar-0.76
Skewness-1.22
Kurtosis1.91
Maximum Drawdown-44.76%
Correlation vs S&P 500-0.45
Annualized Volatility39.16%
Annualized Down. Deviation31.35%

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 -56.49% 36 0 12/2018 -
2 -45.48% 5 26 06/2008 12/2010
3 -9.13% 2 6 06/2012 01/2013
4 -7.03% 7 1 07/2007 02/2008
5 -6.63% 2 7 07/2017 03/2018

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return3.11%1.69%-3.43%-2.42%-1.16%
% Positive66.67%66.67%58.33%54.17%55.56%
Avg. Pos. Period6.78%5.50%5.07%3.35%4.18%
Avg. Neg. Period-3.55%-5.34%-13.60%-8.35%-7.07%
Sharpe Ratio1.681.03-0.83-0.82-0.36
Sortino Ratio5.261.81-1.13-1.05-0.60
Monthly Volatility6.87%6.36%11.31%8.47%7.84%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 14.60%-29.03%0.66%1.19%0.84%65.22%
3 Months 22.64%-33.79%1.96%3.50%9.62%68.29%
6 Months 32.20%-44.09%3.83%6.19%10.60%69.31%
1 Year 54.77%-53.29%8.40%12.21%-34.22%77.04%
2 Years 76.42%-45.67%18.53%23.42%-44.43%75.54%
3 Years 119.69%-56.49%29.20%35.70%-34.25%86.05%
5 Years 162.12%-40.64%61.37%61.97%-32.29%93.24%

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.