Asset Advisor Fondsmæglerselskab

Asset Opportunities

Strategy Description

Asset Opportunities relies on an active multi-asset investment strategy to invest in a range of asset classes and instruments. With a dynamic investment strategy and proven decision-making model, the fund’s portfolio management team adapts the portfolio’s risk on a daily basis to their expectations for the financial markets. Through the selection and composition of asset classes and instruments, Asset Opportunities actively turns up and down the portfolio’s risk. The team creates a portfolio with a relatively high risk profile in the phases of expected favorable development in the financial markets and more importantly, the strategy ensures a relatively low risk profile in the phases where markets are expected to face significant losses.

Fund Information

General Information

NHX CategoryMulti-strategy
NHX CountryDenmark
Legal StructureAlternative Investment Fund
Fund DomicileDenmark
Minimum Investment1,000,000 DKK
AUM518M DKK
Inception DateNov 2016
Management Fee1.00%
Performance Fee10.00%

Company Information

CompanyAsset Advisor Fondsmæglerselskab
PrincipalPer Gramstrup
Investor RelationsJesper Laursen
AddressSøndergade 66, 2.
Aarhus, 8000
Phone+45 40339959
E-mail[email protected]
Websitewww.assetadvisor.dk
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 2.51 2.51
2022 1.48 2.11 3.71 1.13 5.49 -2.91 7.37 0.16 -8.88 4.37 2.46 -0.54 16.01
2021 -0.06 6.07 4.44 0.11 2.22 -2.18 -2.58 -0.83 0.45 -3.85 -2.40 1.41 2.35
2020 0.57 0.17 -5.46 5.78 0.58 -0.40 1.19 0.94 0.98 0.47 -0.38 -2.63 1.45
2019 3.64 -0.42 0.52 0.17 0.69 1.03 -0.77 -3.42 6.55 0.20 1.31 1.14 10.84
2018 -0.60 -0.59 0.57 0.75 7.69 0.60 1.32 -0.76 0.04 -1.56 -0.28 0.71 7.87
2017 3.01 1.31 0.23 1.52 -0.24 -0.58 -0.05 -0.58 0.28 -1.09 0.49 0.15 4.46
2016 0.24 0.60 0.84

Portfolio Managers

Per Gramstrup (center) is the founder and CEO of Asset Advisor Fondsmæglerselskab A/S, an investment company located in the center of Aarhus in Denmark. Per Gramstrup is responsible for the investments in Asset Opportunities and has +30 years of experience in the financial markets, earlier as CEO of Henton Børsmæglerselskab A/S and Alm. Brand Markets, until he founded Asset Advisor Fondsmæglerselskab A/S on his own back in 2009.

Jesper Ehlers Laursen (right), Senior Portfolio Manager and COO, engages in portfolio allocation and is responsible for the day-to-day operations of Asset Advisor’s investment company Asset Opportunities. Having joined Asset Advisor in 2010, Laursen has been an important part of Asset Advisor and has been part of the team almost since the beginning. He previously worked as a senior portfolio analyst at Alm. Brand Markets and as an advisor at Henton Børsmæglerselskab.

Christian Munch Sand (left), Portfolio Manager, is closely involved in the management of Asset Advisor’s portfolios in collaboration with Per Gramstrup. The portfolio allocation to credit securities is one of his primary areas of responsibility. In addition to this, Christian performs analyzes at the company level, but also macro analysis at the country level. Christian Munch Sand is also responsible for portfolio reporting and risk statement for the company’s customers.

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 -10.91% 6 6 06/2021 05/2022
2 -8.88% 1 0 09/2022 -
3 -5.46% 1 2 03/2020 05/2020
4 -4.16% 2 1 07/2019 09/2019
5 -3.05% 3 1 11/2020 02/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.47%-0.08%1.33%0.82%0.57%
% Positive66.67%66.67%75.00%66.67%63.89%
Avg. Pos. Period2.49%2.38%3.26%2.84%2.42%
Avg. Neg. Period-0.54%-4.71%-4.11%-3.02%-2.55%
Sharpe Ratio3.590.011.200.870.66
Sortino Ratio16.30-0.081.711.280.95
Monthly Volatility1.43%4.29%4.07%3.55%3.26%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.69%-8.88%.63%.47%2.51%65.33%
3 Months 10.90%-5.73%1.84%1.37%4.46%67.12%
6 Months 17.77%-10.91%3.52%2.70%-.49%74.29%
1 Year 18.28%-1.73%6.88%7.02%17.18%92.19%
2 Years 21.90%3.56%14.34%13.72%21.79%100.00%
3 Years 35.98%12.70%22.21%21.25%22.79%100.00%
5 Years 48.54%27.78%37.54%35.93%48.54%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

Asset Opportunities relies on an active multi-asset investment strategy to invest in a range of asset classes and instruments. With a dynamic investment strategy and proven decision-making model, the fund’s portfolio management team adapts the portfolio’s risk on a daily basis to their expectations for the financial markets. Through the selection and composition of asset classes and instruments, Asset Opportunities actively turns up and down the portfolio’s risk. The team creates a portfolio with a relatively high risk profile in the phases of expected favorable development in the financial markets and more importantly, the strategy ensures a relatively low risk profile in the phases where markets are expected to face significant losses.

Fund Information

General Information

NHX CategoryMulti-strategy
NHX CountryDenmark
Legal StructureAlternative Investment Fund
Fund DomicileDenmark
Minimum Investment1,000,000 DKK
AUM518M DKK
Inception DateNov 2016
Management Fee1.00%
Performance Fee10.00%

Company Information

CompanyAsset Advisor Fondsmæglerselskab
PrincipalPer Gramstrup
Investor RelationsJesper Laursen
AddressSøndergade 66, 2.
Aarhus, 8000
Phone+45 40339959
E-mail[email protected]
Websitewww.assetadvisor.dk
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 2.51 2.51
2022 1.48 2.11 3.71 1.13 5.49 -2.91 7.37 0.16 -8.88 4.37 2.46 -0.54 16.01
2021 -0.06 6.07 4.44 0.11 2.22 -2.18 -2.58 -0.83 0.45 -3.85 -2.40 1.41 2.35
2020 0.57 0.17 -5.46 5.78 0.58 -0.40 1.19 0.94 0.98 0.47 -0.38 -2.63 1.45
2019 3.64 -0.42 0.52 0.17 0.69 1.03 -0.77 -3.42 6.55 0.20 1.31 1.14 10.84
2018 -0.60 -0.59 0.57 0.75 7.69 0.60 1.32 -0.76 0.04 -1.56 -0.28 0.71 7.87
2017 3.01 1.31 0.23 1.52 -0.24 -0.58 -0.05 -0.58 0.28 -1.09 0.49 0.15 4.46
2016 0.24 0.60 0.84

Portfolio Managers

Per Gramstrup (center) is the founder and CEO of Asset Advisor Fondsmæglerselskab A/S, an investment company located in the center of Aarhus in Denmark. Per Gramstrup is responsible for the investments in Asset Opportunities and has +30 years of experience in the financial markets, earlier as CEO of Henton Børsmæglerselskab A/S and Alm. Brand Markets, until he founded Asset Advisor Fondsmæglerselskab A/S on his own back in 2009.

Jesper Ehlers Laursen (right), Senior Portfolio Manager and COO, engages in portfolio allocation and is responsible for the day-to-day operations of Asset Advisor’s investment company Asset Opportunities. Having joined Asset Advisor in 2010, Laursen has been an important part of Asset Advisor and has been part of the team almost since the beginning. He previously worked as a senior portfolio analyst at Alm. Brand Markets and as an advisor at Henton Børsmæglerselskab.

Christian Munch Sand (left), Portfolio Manager, is closely involved in the management of Asset Advisor’s portfolios in collaboration with Per Gramstrup. The portfolio allocation to credit securities is one of his primary areas of responsibility. In addition to this, Christian performs analyzes at the company level, but also macro analysis at the country level. Christian Munch Sand is also responsible for portfolio reporting and risk statement for the company’s customers.

Return Statistics

Last Month Return 2.51%
3 Month Return 4.46%
Year to Date Return 2.51%
12 Month Return 17.18%
36 Month Return 22.79%
Total Return Annualized 7.32%
Winning Months (%) 65.33%
Average Winning Month 1.86%
Average Losing Month -1.69%
Total Return Cumulative 55.53%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.20
Sortino Ratio1.71
Sterling0.91
Calmar1.94
Skewness-1.39
Kurtosis3.55
Maximum Drawdown-8.88%
Correlation vs S&P 5000.77
Annualized Volatility14.11%
Annualized Down. Deviation12.16%

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 -10.91% 6 6 06/2021 05/2022
2 -8.88% 1 0 09/2022 -
3 -5.46% 1 2 03/2020 05/2020
4 -4.16% 2 1 07/2019 09/2019
5 -3.05% 3 1 11/2020 02/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.47%-0.08%1.33%0.82%0.57%
% Positive66.67%66.67%75.00%66.67%63.89%
Avg. Pos. Period2.49%2.38%3.26%2.84%2.42%
Avg. Neg. Period-0.54%-4.71%-4.11%-3.02%-2.55%
Sharpe Ratio3.590.011.200.870.66
Sortino Ratio16.30-0.081.711.280.95
Monthly Volatility1.43%4.29%4.07%3.55%3.26%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.69%-8.88%.63%.47%2.51%65.33%
3 Months 10.90%-5.73%1.84%1.37%4.46%67.12%
6 Months 17.77%-10.91%3.52%2.70%-.49%74.29%
1 Year 18.28%-1.73%6.88%7.02%17.18%92.19%
2 Years 21.90%3.56%14.34%13.72%21.79%100.00%
3 Years 35.98%12.70%22.21%21.25%22.79%100.00%
5 Years 48.54%27.78%37.54%35.93%48.54%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.