Carve 2

Carve Capital AB

Strategy Description

Carve is a hedge fund aiming to deliver good risk-adjusted returns by taking both long and short positions in equities, equity-related financial instruments and corporate bonds. Carve has an absolute return target, which means that the fund aims to generate positive returns regardless of market fluctuations. The fund’s primary geographic focus is the Nordics and Europe, followed by the United States. Carve’s assets may be invested in transferable securities, money market instruments, units in collective investment undertakings, as well as deposits with credit institutions.

Fund Information

General Information

NHX CategoryDiversified
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment00 SEK
AUM10M SEK
Inception DateNov 2012
Management Fee0.96%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyCarve Capital AB
AddressNorrmalmstorg 14
Stockholm, 103 86
Phone+46 8 566 214 80
E-mail[email protected]
Websitewww.brummer.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.02 -1.58 -14.53 0.42 -0.31 1.63 0.53 -0.47 -13.49
2019 0.17 -0.51 -2.95 5.29 0.50 -0.45 2.94 -2.80 2.18 1.27 -0.61 2.08 7.03
2018 -1.63 -2.06 -3.38 1.65 -1.84 -0.62 0.85 0.97 -0.47 -1.13 -2.46 -2.85 -12.35
2017 0.62 2.83 0.78 0.68 3.61 -1.04 0.51 -0.66 -0.38 1.25 -2.82 0.60 5.98
2016 -3.96 -2.36 0.92 2.68 0.72 -1.68 -0.56 0.89 -2.33 0.71 -2.86 1.51 -6.36
2015 -1.34 3.26 0.03 0.93 1.08 -1.58 1.20 -1.42 -4.05 3.18 2.34 1.08 4.54
2014 -0.63 2.64 0.04 1.98 0.98 -0.12 0.95 0.61 -0.66 1.95 0.68 1.63 10.46
2013 1.52 1.17 1.18 1.45 0.80 -0.27 2.53 -0.25 1.35 1.18 0.92 1.68 14.06
2012 0.41 0.00 0.41

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 -22.33% 34 0 06/2017 -
2 -7.76% 11 6 01/2016 05/2017
3 -5.79% 4 3 06/2015 12/2015
4 -1.34% 1 1 01/2015 02/2015
5 -0.66% 1 1 09/2014 10/2014

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.56%-2.29%-0.80%-0.61%-0.62%
% Positive66.67%50.00%58.33%45.83%44.44%
Avg. Pos. Period1.08%0.86%1.30%1.64%1.46%
Avg. Neg. Period-0.47%-5.10%-3.50%-2.39%-2.19%
Sharpe Ratio2.28-1.31-0.56-0.54-0.66
Sortino Ratio7.14-1.34-0.66-0.66-0.77
Monthly Volatility0.86%5.59%4.31%3.49%3.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.29%-14.53%0.10%0.61%-0.47%59.57%
3 Months 6.73%-15.53%0.29%1.58%1.69%63.04%
6 Months 10.42%-13.96%0.44%2.29%-12.99%58.43%
1 Year 14.06%-12.35%1.47%1.86%-9.18%54.22%
2 Years 25.99%-15.40%1.99%-0.16%-13.67%47.89%
3 Years 31.71%-22.25%2.33%-0.58%-19.98%47.46%
5 Years 34.25%-20.37%3.29%-0.57%-17.53%45.71%

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

Carve is a hedge fund aiming to deliver good risk-adjusted returns by taking both long and short positions in equities, equity-related financial instruments and corporate bonds. Carve has an absolute return target, which means that the fund aims to generate positive returns regardless of market fluctuations. The fund’s primary geographic focus is the Nordics and Europe, followed by the United States. Carve’s assets may be invested in transferable securities, money market instruments, units in collective investment undertakings, as well as deposits with credit institutions.

Fund Information

General Information

NHX CategoryDiversified
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment00 SEK
AUM10M SEK
Inception DateNov 2012
Management Fee0.96%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyCarve Capital AB
AddressNorrmalmstorg 14
Stockholm, 103 86
Phone+46 8 566 214 80
E-mail[email protected]
Websitewww.brummer.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.02 -1.58 -14.53 0.42 -0.31 1.63 0.53 -0.47 -13.49
2019 0.17 -0.51 -2.95 5.29 0.50 -0.45 2.94 -2.80 2.18 1.27 -0.61 2.08 7.03
2018 -1.63 -2.06 -3.38 1.65 -1.84 -0.62 0.85 0.97 -0.47 -1.13 -2.46 -2.85 -12.35
2017 0.62 2.83 0.78 0.68 3.61 -1.04 0.51 -0.66 -0.38 1.25 -2.82 0.60 5.98
2016 -3.96 -2.36 0.92 2.68 0.72 -1.68 -0.56 0.89 -2.33 0.71 -2.86 1.51 -6.36
2015 -1.34 3.26 0.03 0.93 1.08 -1.58 1.20 -1.42 -4.05 3.18 2.34 1.08 4.54
2014 -0.63 2.64 0.04 1.98 0.98 -0.12 0.95 0.61 -0.66 1.95 0.68 1.63 10.46
2013 1.52 1.17 1.18 1.45 0.80 -0.27 2.53 -0.25 1.35 1.18 0.92 1.68 14.06
2012 0.41 0.00 0.41

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return 1.69%
Year to Date Return -13.49%
12 Month Return -9.18%
36 Month Return -19.98%
Total Return Annualized 0.81%
Winning Months (%) 59.57%
Average Winning Month 1.40%
Average Losing Month -1.88%
Total Return Cumulative 6.50%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.56
Sortino Ratio-0.66
Sterling-0.35
Calmar-0.58
Skewness-3.50
Kurtosis12.71
Maximum Drawdown-15.88%
Correlation vs S&P 5000.69
Annualized Volatility14.94%
Annualized Down. Deviation19.17%

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 -22.33% 34 0 06/2017 -
2 -7.76% 11 6 01/2016 05/2017
3 -5.79% 4 3 06/2015 12/2015
4 -1.34% 1 1 01/2015 02/2015
5 -0.66% 1 1 09/2014 10/2014

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.56%-2.29%-0.80%-0.61%-0.62%
% Positive66.67%50.00%58.33%45.83%44.44%
Avg. Pos. Period1.08%0.86%1.30%1.64%1.46%
Avg. Neg. Period-0.47%-5.10%-3.50%-2.39%-2.19%
Sharpe Ratio2.28-1.31-0.56-0.54-0.66
Sortino Ratio7.14-1.34-0.66-0.66-0.77
Monthly Volatility0.86%5.59%4.31%3.49%3.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.29%-14.53%0.10%0.61%-0.47%59.57%
3 Months 6.73%-15.53%0.29%1.58%1.69%63.04%
6 Months 10.42%-13.96%0.44%2.29%-12.99%58.43%
1 Year 14.06%-12.35%1.47%1.86%-9.18%54.22%
2 Years 25.99%-15.40%1.99%-0.16%-13.67%47.89%
3 Years 31.71%-22.25%2.33%-0.58%-19.98%47.46%
5 Years 34.25%-20.37%3.29%-0.57%-17.53%45.71%

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.

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Data and information is provided for informational purposes only. Past performance is not necessarily indicative of future results.

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