Borea Asset Management AS

Borea Kreditt

Strategy Description

Borea Kreditt seeks to achieve the highest possible absolute return mainly through investments in debt instruments. The fund can invest in certificates, government bonds, bank bonds, credit bonds, convertible bonds, subordinated loans, structured bonds, index-linked bonds, ETFs, ETNs, and derivatives. Borea Kreditt may enter into options, futures and swaps with such financial instruments as underlying or with indices with such financial instruments as underlying. The fund’s gross market exposure will vary over time but cannot exceed 200% of the fund’s assets. The sum of all long positions cannot exceed 150% of the fund’s assets, and the sum of all short positions cannot exceed 50% of the fund’s assets.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryNorway
Legal StructureSpecialized Investment Fund
Fund DomicileNorway
Minimum Investment1,000,000 NOK
AUM587M NOK
Inception DateOct 2021
Management Fee1.00%
Performance Fee10% above 5%

Company Information

CompanyBorea Asset Management AS
PrincipalWilly Helleland
AddressKalfarveien 76
Bergen, 5022
Phone+47 53 00 29 00
E-mail[email protected]
Websitewww.borea.no/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.75 1.75
2023 1.20 0.16 -2.34 4.09 1.12 1.53 0.93 1.66 0.58 0.75 1.08 1.17 12.48
2022 0.68 -1.29 2.50 1.75 -0.59 -2.03 0.89 3.53 -1.09 -0.51 2.11 1.36 7.37
2021 2.50 -0.60 0.57 2.47

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 -2.61% 2 2 05/2022 08/2022
2 -2.34% 1 1 03/2023 04/2023
3 -1.60% 2 1 09/2022 11/2022
4 -1.29% 1 1 02/2022 03/2022
5 -0.60% 1 2 11/2021 01/2022

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.33%1.16%1.03%0.83% -
% Positive100.00%100.00%91.67%75.00% -
Avg. Pos. Period1.33%1.17%1.35%1.56% -
Avg. Neg. Period - - -2.34%-1.31% -
Sharpe Ratio15.569.392.601.91 -
Sortino Ratio0.000.005.283.91 -
Monthly Volatility0.30%0.43%1.38%1.54% -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 4.09%-2.34%0.84%1.01%1.75%75.00%
3 Months 6.87%-1.74%2.36%2.77%4.05%84.62%
6 Months 10.29%0.10%4.83%5.61%7.19%100.00%
1 Year 13.84%3.71%9.51%9.51%13.09%100.00%
2 Years 22.05%18.06%20.21%20.11%22.05%100.00%
3 Years ------
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.

Strategy Description

Borea Kreditt seeks to achieve the highest possible absolute return mainly through investments in debt instruments. The fund can invest in certificates, government bonds, bank bonds, credit bonds, convertible bonds, subordinated loans, structured bonds, index-linked bonds, ETFs, ETNs, and derivatives. Borea Kreditt may enter into options, futures and swaps with such financial instruments as underlying or with indices with such financial instruments as underlying. The fund’s gross market exposure will vary over time but cannot exceed 200% of the fund’s assets. The sum of all long positions cannot exceed 150% of the fund’s assets, and the sum of all short positions cannot exceed 50% of the fund’s assets.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountryNorway
Legal StructureSpecialized Investment Fund
Fund DomicileNorway
Minimum Investment1,000,000 NOK
AUM587M NOK
Inception DateOct 2021
Management Fee1.00%
Performance Fee10% above 5%

Company Information

CompanyBorea Asset Management AS
PrincipalWilly Helleland
AddressKalfarveien 76
Bergen, 5022
Phone+47 53 00 29 00
E-mail[email protected]
Websitewww.borea.no/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 1.75 1.75
2023 1.20 0.16 -2.34 4.09 1.12 1.53 0.93 1.66 0.58 0.75 1.08 1.17 12.48
2022 0.68 -1.29 2.50 1.75 -0.59 -2.03 0.89 3.53 -1.09 -0.51 2.11 1.36 7.37
2021 2.50 -0.60 0.57 2.47

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 1.75%
3 Month Return 4.05%
Year to Date Return 1.75%
12 Month Return 13.09%
36 Month Return -
Total Return Annualized 10.38%
Winning Months (%) 75.00%
Average Winning Month 1.52%
Average Losing Month -1.21%
Total Return Cumulative 25.91%

Risk Statistics (12M)

1 Year
Sharpe Ratio2.60
Sortino Ratio5.28
Sterling1.06
Calmar5.59
Skewness-0.43
Kurtosis5.36
Maximum Drawdown-2.34%
Correlation vs S&P 5000.02
Annualized Volatility4.79%
Annualized Down. Deviation0.00%

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 -2.61% 2 2 05/2022 08/2022
2 -2.34% 1 1 03/2023 04/2023
3 -1.60% 2 1 09/2022 11/2022
4 -1.29% 1 1 02/2022 03/2022
5 -0.60% 1 2 11/2021 01/2022

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.33%1.16%1.03%0.83% -
% Positive100.00%100.00%91.67%75.00% -
Avg. Pos. Period1.33%1.17%1.35%1.56% -
Avg. Neg. Period - - -2.34%-1.31% -
Sharpe Ratio15.569.392.601.91 -
Sortino Ratio0.000.005.283.91 -
Monthly Volatility0.30%0.43%1.38%1.54% -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 4.09%-2.34%0.84%1.01%1.75%75.00%
3 Months 6.87%-1.74%2.36%2.77%4.05%84.62%
6 Months 10.29%0.10%4.83%5.61%7.19%100.00%
1 Year 13.84%3.71%9.51%9.51%13.09%100.00%
2 Years 22.05%18.06%20.21%20.11%22.05%100.00%
3 Years ------
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.