Alandsbanken Abp

Alandsbanken Commodity Fund

Strategy Description

Commodity Fund is an actively managed fund that invests globally on commodity markets and with an objective to achieve returns above the CRB Total Return Index. The investment universe consists of several commodity sectors, but the fund will mainly invest in the energy, agricultural and base metal sectors. The investment process is based on a proprietary model that analyses trends in prices as well as term structures. The fund mainly invests in liquid commodity futures and takes both long and short positions. The fund aims at maintaining an up to 10 % annual tracking error to its benchmark.

Fund Information

General Information

NHX CategoryCTA
NHX CountrySweden
Legal StructureUnknown
Fund DomicileLuxembourg
Minimum Investment10,000 SEK
AUM -
Inception DateOct 2010
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyAlandsbanken Abp
PrincipalAnders Blomqvist
AddressStureplan 19
Stockholm, 10781
Phone+4687914800
E-mail[email protected]
Website -
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2015 -6.53 3.42 -5.66 -8.80
2014 -4.71 1.10 -4.66 0.04 2.94 -0.03 -2.64 1.62 -7.21 -3.07 -1.50 -5.16 -21.40
2013 5.34 -3.55 0.44 -4.43 2.60 -2.06 4.39 4.90 -2.56 0.38 2.24 5.08 12.77
2012 8.96 3.38 -0.55 0.30 -14.22 -3.51 10.38 8.90 0.52 -5.67 0.49 1.21 7.80
2011 5.19 6.45 -2.61 3.68 -3.88 -0.62 1.50 -4.99 -10.11 5.96 -1.97 2.01 -0.80
2010 0.00 0.93 8.53 9.54

Portfolio Managers

Anders Blomqvist is fund manager and quantitative analyst at Alandsbanken since 2005 (former Kaupthing Sweden). Anders has developed the strategies in Alandsbanken Commodity Fund and is portfolio manager since its launch in 2010. Anders work with derivative strategies, asset allocation and portfolio construction in the group for tactical asset allocation, TAAQR, at Alandsbanken. He handles the derivatives portfolios in the global macro fund Defined Risk 12 and in the low-risk fund Brig 6. Anders has also worked with an ALM study for Nuclear Decommissioning Trusts, NDTs, at NISA Investment Advisors, LLC, St. Louis, USA. Anders has a Master of Science degree in Engineering Physics and received his PhD in Optimization and Systems Theory at the Department of Mathematics at the Royal Institute of Technology (KTH) in Stockholm in 2005.

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 -28.32% 15 0 01/2014 -
2 -18.41% 14 14 05/2011 08/2013
3 -2.61% 1 1 03/2011 04/2011
4 -2.56% 1 2 09/2013 11/2013
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.02%-3.14%-2.04%-0.97%-0.70%
% Positive33.33%16.67%33.33%45.83%52.78%
Avg. Pos. Period3.42%3.42%2.00%2.61%2.96%
Avg. Neg. Period-6.09%-4.38%-3.97%-3.86%-4.54%
Sharpe Ratio-2.25-3.18-1.96-0.83-0.42
Sortino Ratio-2.10-2.51-1.87-1.05-0.64
Monthly Volatility4.50%3.36%3.51%3.72%4.76%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 10.38%-14.22%0.02%0.34%-5.66%53.70%
3 Months 21.52%-16.99%0.22%-0.48%-8.80%50.00%
6 Months 23.85%-20.19%-0.07%-1.29%-17.42%40.82%
1 Year 19.06%-22.90%0.16%2.02%-21.95%60.47%
2 Years 23.62%-21.34%3.61%1.74%-20.79%54.84%
3 Years 24.56%-22.21%4.08%3.76%-22.21%73.68%
5 Years ------

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Chart not applicable - The program has no AUM data

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

Commodity Fund is an actively managed fund that invests globally on commodity markets and with an objective to achieve returns above the CRB Total Return Index. The investment universe consists of several commodity sectors, but the fund will mainly invest in the energy, agricultural and base metal sectors. The investment process is based on a proprietary model that analyses trends in prices as well as term structures. The fund mainly invests in liquid commodity futures and takes both long and short positions. The fund aims at maintaining an up to 10 % annual tracking error to its benchmark.

Fund Information

General Information

NHX CategoryCTA
NHX CountrySweden
Legal StructureUnknown
Fund DomicileLuxembourg
Minimum Investment10,000 SEK
AUM -
Inception DateOct 2010
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyAlandsbanken Abp
PrincipalAnders Blomqvist
AddressStureplan 19
Stockholm, 10781
Phone+4687914800
E-mail[email protected]
Website -
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2015 -6.53 3.42 -5.66 -8.80
2014 -4.71 1.10 -4.66 0.04 2.94 -0.03 -2.64 1.62 -7.21 -3.07 -1.50 -5.16 -21.40
2013 5.34 -3.55 0.44 -4.43 2.60 -2.06 4.39 4.90 -2.56 0.38 2.24 5.08 12.77
2012 8.96 3.38 -0.55 0.30 -14.22 -3.51 10.38 8.90 0.52 -5.67 0.49 1.21 7.80
2011 5.19 6.45 -2.61 3.68 -3.88 -0.62 1.50 -4.99 -10.11 5.96 -1.97 2.01 -0.80
2010 0.00 0.93 8.53 9.54

Portfolio Managers

Anders Blomqvist is fund manager and quantitative analyst at Alandsbanken since 2005 (former Kaupthing Sweden). Anders has developed the strategies in Alandsbanken Commodity Fund and is portfolio manager since its launch in 2010. Anders work with derivative strategies, asset allocation and portfolio construction in the group for tactical asset allocation, TAAQR, at Alandsbanken. He handles the derivatives portfolios in the global macro fund Defined Risk 12 and in the low-risk fund Brig 6. Anders has also worked with an ALM study for Nuclear Decommissioning Trusts, NDTs, at NISA Investment Advisors, LLC, St. Louis, USA. Anders has a Master of Science degree in Engineering Physics and received his PhD in Optimization and Systems Theory at the Department of Mathematics at the Royal Institute of Technology (KTH) in Stockholm in 2005.

Return Statistics

Last Month Return -
3 Month Return -8.80%
Year to Date Return -8.80%
12 Month Return -21.95%
36 Month Return -22.21%
Total Return Annualized -1.20%
Winning Months (%) 53.70%
Average Winning Month 3.55%
Average Losing Month -4.25%
Total Return Cumulative -5.30%

Risk Statistics (12M)

1 Year
Sharpe Ratio-1.96
Sortino Ratio-1.87
Sterling-0.64
Calmar-0.91
Skewness0.05
Kurtosis-0.81
Maximum Drawdown-24.21%
Correlation vs S&P 5000.80
Annualized Volatility12.15%
Annualized Down. Deviation8.26%

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 -28.32% 15 0 01/2014 -
2 -18.41% 14 14 05/2011 08/2013
3 -2.61% 1 1 03/2011 04/2011
4 -2.56% 1 2 09/2013 11/2013
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.02%-3.14%-2.04%-0.97%-0.70%
% Positive33.33%16.67%33.33%45.83%52.78%
Avg. Pos. Period3.42%3.42%2.00%2.61%2.96%
Avg. Neg. Period-6.09%-4.38%-3.97%-3.86%-4.54%
Sharpe Ratio-2.25-3.18-1.96-0.83-0.42
Sortino Ratio-2.10-2.51-1.87-1.05-0.64
Monthly Volatility4.50%3.36%3.51%3.72%4.76%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 10.38%-14.22%0.02%0.34%-5.66%53.70%
3 Months 21.52%-16.99%0.22%-0.48%-8.80%50.00%
6 Months 23.85%-20.19%-0.07%-1.29%-17.42%40.82%
1 Year 19.06%-22.90%0.16%2.02%-21.95%60.47%
2 Years 23.62%-21.34%3.61%1.74%-20.79%54.84%
3 Years 24.56%-22.21%4.08%3.76%-22.21%73.68%
5 Years ------

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.