Alcur Fonder AB

Alcur

Strategy Description

Alcur operates as a long/short absolute return fund aiming to achieve a risk-adjusted return of around 4-10% annually under all market conditions. The fund predominantly focuses on trading equities and equity-related instruments, and may also invest in money-market instruments, fund units and other instruments. At least 50% of Alcur’s portfolio is invested in the Nordic markets.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureAlternative Investment Fund
Fund DomicileBermuda
Minimum Investment500,000 SEK
AUM6,272M SEK
Inception DateJan 2007
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyAlcur Fonder AB
PrincipalJohan Klevby
AddressRiddargatan 18
Stockholm, 114 51
Phone+46 8 586 114 00
E-mail[email protected]
Websitewww.alcur.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 0.48 0.48
2022 -0.72 -0.42 1.23 2.11 0.31 1.65 1.17 0.27 -0.55 2.24 0.13 0.55 8.21
2021 -0.89 0.85 0.54 1.69 -0.25 0.76 0.23 0.20 0.79 0.30 0.66 0.31 5.29
2020 1.38 -0.71 0.25 2.42 0.73 3.91 2.00 2.36 0.99 -1.28 2.69 2.72 18.78
2019 1.08 0.70 0.62 -0.05 0.80 -0.38 0.11 1.17 0.42 0.22 2.05 1.12 8.12
2018 0.81 0.30 -0.39 1.72 1.82 -0.57 0.74 -0.47 0.47 -0.64 -0.08 0.03 3.77
2017 0.25 1.20 0.77 -0.64 -0.93 -0.69 -1.05 -0.96 1.21 0.10 -0.21 0.75 -0.24
2016 -2.20 2.19 -0.48 0.21 0.53 -1.13 0.70 0.54 0.53 1.96 0.99 1.39 5.27
2015 0.34 -0.17 -0.31 0.23 0.40 -0.45 0.05 0.10 -0.09 1.06 2.57 -1.77 1.92
2014 0.64 1.87 0.36 0.24 0.10 0.75 -0.28 0.25 -0.04 -0.04 0.27 0.60 4.81
2013 0.36 0.71 -0.18 0.20 0.44 -0.46 0.41 0.46 0.25 0.43 0.60 0.35 3.62
2012 0.29 1.15 0.23 0.34 -0.08 0.33 0.57 -0.34 0.60 0.02 0.24 0.22 3.62
2011 0.49 0.04 0.29 0.51 0.28 0.14 0.15 0.04 -0.19 0.45 0.06 0.04 2.32
2010 0.90 0.03 0.78 0.41 -0.33 0.11 0.48 0.08 0.34 0.43 0.36 1.39 5.08
2009 0.70 0.72 0.24 1.28 1.55 0.05 0.20 1.10 1.01 0.91 0.62 0.21 8.92
2008 0.41 0.55 0.44 0.63 0.86 0.17 0.54 0.90 -0.42 0.18 0.72 0.31 5.41
2007 0.42 0.13 0.78 1.71 2.71 0.60 1.01 0.16 0.60 1.48 -0.20 0.48 10.30

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 -4.20% 5 9 04/2017 05/2018
2 -3.93% 2 9 12/2015 10/2016
3 -1.28% 1 1 10/2020 11/2020
4 -1.14% 2 1 01/2022 03/2022
5 -.89% 1 2 01/2021 03/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.39%0.52%0.76%0.60%0.82%
% Positive100.00%83.33%83.33%83.33%80.56%
Avg. Pos. Period0.39%0.73%1.01%0.82%1.19%
Avg. Neg. Period - -0.55%-0.49%-0.49%-0.69%
Sharpe Ratio7.292.123.012.762.48
Sortino Ratio0.007.9713.189.938.52
Monthly Volatility0.18%0.85%0.88%0.76%1.15%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.91%-2.20%.48%.40%.48%79.79%
3 Months 8.49%-2.68%1.45%1.27%1.16%89.53%
6 Months 13.03%-3.46%2.89%2.54%3.14%93.62%
1 Year 18.78%-1.72%5.69%4.89%9.52%97.80%
2 Years 28.48%1.74%11.49%8.81%15.51%100.00%
3 Years 38.71%5.91%16.99%12.26%34.13%100.00%
5 Years 52.14%14.22%26.37%22.74%51.34%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

Alcur operates as a long/short absolute return fund aiming to achieve a risk-adjusted return of around 4-10% annually under all market conditions. The fund predominantly focuses on trading equities and equity-related instruments, and may also invest in money-market instruments, fund units and other instruments. At least 50% of Alcur’s portfolio is invested in the Nordic markets.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureAlternative Investment Fund
Fund DomicileBermuda
Minimum Investment500,000 SEK
AUM6,272M SEK
Inception DateJan 2007
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyAlcur Fonder AB
PrincipalJohan Klevby
AddressRiddargatan 18
Stockholm, 114 51
Phone+46 8 586 114 00
E-mail[email protected]
Websitewww.alcur.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 0.48 0.48
2022 -0.72 -0.42 1.23 2.11 0.31 1.65 1.17 0.27 -0.55 2.24 0.13 0.55 8.21
2021 -0.89 0.85 0.54 1.69 -0.25 0.76 0.23 0.20 0.79 0.30 0.66 0.31 5.29
2020 1.38 -0.71 0.25 2.42 0.73 3.91 2.00 2.36 0.99 -1.28 2.69 2.72 18.78
2019 1.08 0.70 0.62 -0.05 0.80 -0.38 0.11 1.17 0.42 0.22 2.05 1.12 8.12
2018 0.81 0.30 -0.39 1.72 1.82 -0.57 0.74 -0.47 0.47 -0.64 -0.08 0.03 3.77
2017 0.25 1.20 0.77 -0.64 -0.93 -0.69 -1.05 -0.96 1.21 0.10 -0.21 0.75 -0.24
2016 -2.20 2.19 -0.48 0.21 0.53 -1.13 0.70 0.54 0.53 1.96 0.99 1.39 5.27
2015 0.34 -0.17 -0.31 0.23 0.40 -0.45 0.05 0.10 -0.09 1.06 2.57 -1.77 1.92
2014 0.64 1.87 0.36 0.24 0.10 0.75 -0.28 0.25 -0.04 -0.04 0.27 0.60 4.81
2013 0.36 0.71 -0.18 0.20 0.44 -0.46 0.41 0.46 0.25 0.43 0.60 0.35 3.62
2012 0.29 1.15 0.23 0.34 -0.08 0.33 0.57 -0.34 0.60 0.02 0.24 0.22 3.62
2011 0.49 0.04 0.29 0.51 0.28 0.14 0.15 0.04 -0.19 0.45 0.06 0.04 2.32
2010 0.90 0.03 0.78 0.41 -0.33 0.11 0.48 0.08 0.34 0.43 0.36 1.39 5.08
2009 0.70 0.72 0.24 1.28 1.55 0.05 0.20 1.10 1.01 0.91 0.62 0.21 8.92
2008 0.41 0.55 0.44 0.63 0.86 0.17 0.54 0.90 -0.42 0.18 0.72 0.31 5.41
2007 0.42 0.13 0.78 1.71 2.71 0.60 1.01 0.16 0.60 1.48 -0.20 0.48 10.30

Portfolio Managers

No data filled

Return Statistics

Last Month Return 0.48%
3 Month Return 1.16%
Year to Date Return 0.48%
12 Month Return 9.52%
36 Month Return 34.13%
Total Return Annualized 5.87%
Winning Months (%) 79.79%
Average Winning Month 0.74%
Average Losing Month -0.54%
Total Return Cumulative 150.24%

Risk Statistics (12M)

1 Year
Sharpe Ratio3.01
Sortino Ratio13.18
Sterling0.90
Calmar17.30
Skewness0.33
Kurtosis-0.35
Maximum Drawdown-0.55%
Correlation vs S&P 5000.17
Annualized Volatility3.04%
Annualized Down. Deviation0.23%

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 -4.20% 5 9 04/2017 05/2018
2 -3.93% 2 9 12/2015 10/2016
3 -1.28% 1 1 10/2020 11/2020
4 -1.14% 2 1 01/2022 03/2022
5 -.89% 1 2 01/2021 03/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.39%0.52%0.76%0.60%0.82%
% Positive100.00%83.33%83.33%83.33%80.56%
Avg. Pos. Period0.39%0.73%1.01%0.82%1.19%
Avg. Neg. Period - -0.55%-0.49%-0.49%-0.69%
Sharpe Ratio7.292.123.012.762.48
Sortino Ratio0.007.9713.189.938.52
Monthly Volatility0.18%0.85%0.88%0.76%1.15%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 3.91%-2.20%.48%.40%.48%79.79%
3 Months 8.49%-2.68%1.45%1.27%1.16%89.53%
6 Months 13.03%-3.46%2.89%2.54%3.14%93.62%
1 Year 18.78%-1.72%5.69%4.89%9.52%97.80%
2 Years 28.48%1.74%11.49%8.81%15.51%100.00%
3 Years 38.71%5.91%16.99%12.26%34.13%100.00%
5 Years 52.14%14.22%26.37%22.74%51.34%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.