Formuepleje Fund Management A/S

Formuepleje Pareto

Strategy Description

Using classical portfolio theory, Formuepleje Pareto invests in equities and bonds with the goal of optimizing the relationship between the expected return and the risk of the investment. In order to increase the risk as well as the expected return, Formuepleje Pareto does not increase the weight of equities in the portfolio. Rather, the fund uses leverage in order to purchase more of the optimal investment and maintain the original ratio between equities and bonds. On a five year horizon, the expected return is 55 percent.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryDenmark
Legal StructureUnknown
Fund DomicileDenmark
Minimum Investment00 DKK
AUM877M DKK
Inception DateJul 2013
Management Fee1.35%
Performance Fee10.00%

Company Information

CompanyFormuepleje Fund Management A/S
Principal -
AddressVarkmestergade 25
Aarhus, 8000
Phone+45 87 46 49 00
E-mail[email protected]
Website -
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.22 1.82 1.62 -1.91 2.73
2023 3.52 -0.69 0.33 -0.13 0.25 0.72 1.33 -0.36 -1.59 -1.35 3.95 3.22 9.39
2022 -2.04 -5.81 2.09 -2.95 -1.46 -4.47 5.28 -3.47 -7.03 4.15 2.78 -2.85 -15.44
2021 0.15 0.72 4.87 0.69 -0.60 2.06 1.09 0.12 -2.99 2.07 -1.44 3.69 10.67
2020 -0.40 -4.63 -15.85 9.17 2.37 1.44 0.37 2.55 -0.80 -0.56 8.03 1.36 0.75
2019 6.72 2.94 0.92 2.60 -3.58 2.83 1.73 -2.28 2.27 -0.10 2.22 1.48 18.82
2018 1.74 -1.79 -1.18 2.25 1.64 -0.65 2.94 0.14 0.05 -2.83 1.38 -6.03 -2.66
2017 0.60 3.89 0.02 0.48 -1.39 0.83 -0.34 -0.85 2.13 2.55 0.11 0.08 8.29
2016 -4.26 0.13 2.75 1.17 2.95 -1.01 4.15 1.43 -0.24 0.09 2.46 1.94 11.89
2015 2.54 2.94 1.58 -1.41 1.11 -3.55 1.73 -5.66 -3.00 5.93 3.07 -3.10 1.53
2014 -1.60 0.83 0.26 -0.52 2.77 0.12 0.15 0.92 1.05 1.39 0.20 0.25 5.90
2013 3.13 -2.52 -0.31 1.36 2.92 -0.36 4.18

Portfolio Managers

Toke Hjortshøj, Peter Dabros, Erik Bech, Klaus Blaabjerg, Otto Friedrichsen, Rene Rømer and Sune Jensen

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 -20.07% 3 9 01/2020 12/2020
2 -18.69% 9 0 01/2022 -
3 -10.50% 6 10 04/2015 07/2016
4 -7.43% 3 2 10/2018 02/2019
5 -3.58% 1 2 05/2019 07/2019

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.50%1.64%0.73%0.16%-0.04%
% Positive66.67%83.33%66.67%54.17%52.78%
Avg. Pos. Period1.72%2.37%1.77%2.32%2.17%
Avg. Neg. Period-1.91%-1.91%-1.30%-2.30%-2.42%
Sharpe Ratio1.033.091.460.240.01
Sortino Ratio1.567.273.060.27-0.06
Monthly Volatility1.71%1.85%1.76%2.89%2.82%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.17%-15.85%0.44%0.64%-1.91%64.62%
3 Months 13.37%-20.07%1.29%2.02%1.49%65.63%
6 Months 16.63%-17.17%2.52%2.90%10.23%72.80%
1 Year 33.33%-15.44%4.87%6.14%9.09%73.95%
2 Years 31.39%-11.90%9.08%10.98%3.94%83.18%
3 Years 35.15%-6.05%16.22%18.11%-1.27%92.63%
5 Years 51.62%6.07%28.68%34.13%10.67%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

Using classical portfolio theory, Formuepleje Pareto invests in equities and bonds with the goal of optimizing the relationship between the expected return and the risk of the investment. In order to increase the risk as well as the expected return, Formuepleje Pareto does not increase the weight of equities in the portfolio. Rather, the fund uses leverage in order to purchase more of the optimal investment and maintain the original ratio between equities and bonds. On a five year horizon, the expected return is 55 percent.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryDenmark
Legal StructureUnknown
Fund DomicileDenmark
Minimum Investment00 DKK
AUM877M DKK
Inception DateJul 2013
Management Fee1.35%
Performance Fee10.00%

Company Information

CompanyFormuepleje Fund Management A/S
Principal -
AddressVarkmestergade 25
Aarhus, 8000
Phone+45 87 46 49 00
E-mail[email protected]
Website -
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.22 1.82 1.62 -1.91 2.73
2023 3.52 -0.69 0.33 -0.13 0.25 0.72 1.33 -0.36 -1.59 -1.35 3.95 3.22 9.39
2022 -2.04 -5.81 2.09 -2.95 -1.46 -4.47 5.28 -3.47 -7.03 4.15 2.78 -2.85 -15.44
2021 0.15 0.72 4.87 0.69 -0.60 2.06 1.09 0.12 -2.99 2.07 -1.44 3.69 10.67
2020 -0.40 -4.63 -15.85 9.17 2.37 1.44 0.37 2.55 -0.80 -0.56 8.03 1.36 0.75
2019 6.72 2.94 0.92 2.60 -3.58 2.83 1.73 -2.28 2.27 -0.10 2.22 1.48 18.82
2018 1.74 -1.79 -1.18 2.25 1.64 -0.65 2.94 0.14 0.05 -2.83 1.38 -6.03 -2.66
2017 0.60 3.89 0.02 0.48 -1.39 0.83 -0.34 -0.85 2.13 2.55 0.11 0.08 8.29
2016 -4.26 0.13 2.75 1.17 2.95 -1.01 4.15 1.43 -0.24 0.09 2.46 1.94 11.89
2015 2.54 2.94 1.58 -1.41 1.11 -3.55 1.73 -5.66 -3.00 5.93 3.07 -3.10 1.53
2014 -1.60 0.83 0.26 -0.52 2.77 0.12 0.15 0.92 1.05 1.39 0.20 0.25 5.90
2013 3.13 -2.52 -0.31 1.36 2.92 -0.36 4.18

Portfolio Managers

Toke Hjortshøj, Peter Dabros, Erik Bech, Klaus Blaabjerg, Otto Friedrichsen, Rene Rømer and Sune Jensen

Return Statistics

Last Month Return -1.91%
3 Month Return 1.49%
Year to Date Return 2.73%
12 Month Return 9.09%
36 Month Return -1.27%
Total Return Annualized 4.81%
Winning Months (%) 64.62%
Average Winning Month 2.01%
Average Losing Month -2.43%
Total Return Cumulative 66.29%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.46
Sortino Ratio3.06
Sterling0.69
Calmar2.78
Skewness0.17
Kurtosis-0.02
Maximum Drawdown-3.27%
Correlation vs S&P 5000.91
Annualized Volatility6.10%
Annualized Down. Deviation2.01%

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 -20.07% 3 9 01/2020 12/2020
2 -18.69% 9 0 01/2022 -
3 -10.50% 6 10 04/2015 07/2016
4 -7.43% 3 2 10/2018 02/2019
5 -3.58% 1 2 05/2019 07/2019

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.50%1.64%0.73%0.16%-0.04%
% Positive66.67%83.33%66.67%54.17%52.78%
Avg. Pos. Period1.72%2.37%1.77%2.32%2.17%
Avg. Neg. Period-1.91%-1.91%-1.30%-2.30%-2.42%
Sharpe Ratio1.033.091.460.240.01
Sortino Ratio1.567.273.060.27-0.06
Monthly Volatility1.71%1.85%1.76%2.89%2.82%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.17%-15.85%0.44%0.64%-1.91%64.62%
3 Months 13.37%-20.07%1.29%2.02%1.49%65.63%
6 Months 16.63%-17.17%2.52%2.90%10.23%72.80%
1 Year 33.33%-15.44%4.87%6.14%9.09%73.95%
2 Years 31.39%-11.90%9.08%10.98%3.94%83.18%
3 Years 35.15%-6.05%16.22%18.11%-1.27%92.63%
5 Years 51.62%6.07%28.68%34.13%10.67%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.