Minastir Currency Fund

Minastir Asset Management

Strategy Description

Minastir Currency Fund is a directional hedge fund that takes long and short positions in different currencies. Trading is fully automated and managed using highly sophisticated proprietary trading algorithms. The trading algorithms, based on artificial intelligence, are able to provide very accurate predictions on future price movements, and position trades accordingly. Everything including analysis, order processing, communication with the brokers' trading systems, surveillance and risk management, is completely automatic in order to achieve the highest possible return at the lowest possible risk, as well as to avoid any mistakes resulting from the human factor.

Fund Information

General Information

NHX CategoryDiversified
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500,000 SEK
AUM -
Inception DateOct 2015
Management Fee2.00%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyMinastir Asset Management
AddressGottåkrav. 28
Höllviken, 236 41
Phone+46 40 - 45 54 25
E-mail[email protected]
Websitewww.minastir.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2019 0.06 0.99 1.08 0.05 0.01 2.20
2018 5.41 3.96 -4.85 0.05 0.14 0.01 0.01 0.11 0.14 0.15 0.13 0.11 5.17
2017 2.40 2.35 0.73 -5.32 -7.25 -0.85 -0.81 -0.27 -0.26 1.01 0.22 0.26 -7.97
2016 -0.17 0.01 -3.38 0.90 0.00 0.40 0.58 2.45 0.18 0.25 -2.14 -1.40 -2.43
2015 3.02 -0.17 -0.17 2.67

Portfolio Managers

Thomas Jacobson, CEO and Co-Owner

Thomas has nearly 15 years' experience in stock trading based on technical analysis, and 10 years of experience in combining options, warrants, certificates and other derivative instruments in the creation of structured products for different trading strategies. The past 8 years he has been involved with research and development of fully automated trading algorithms.

He has a bachelor and master's degree in Finance and Strategic Management from Copenhagen Business School, a master's degree in Financial Engineering from National Taiwan University, and has studied MBA at the University of British Columbia, and Global MBA at National Taiwan University.

With significant experience in trading financial instruments, a true entrepreneurial spirit, in-depth knowledge in both finance and computer science, as well as fluency in Chinese, Thomas leads the teams in Sweden and Taiwan to combine the best of both worlds.

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 -14.08% 6 0 04/2017 -
2 -3.86% 5 5 11/2015 08/2016
3 -3.51% 2 2 11/2016 02/2017
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.38%0.38%0.24%0.27%-0.02%
% Positive100.00%100.00%100.00%79.17%75.00%
Avg. Pos. Period0.38%0.38%0.24%0.73%0.86%
Avg. Neg. Period - - - -1.41%-2.57%
Sharpe Ratio2.662.872.280.570.00
Sortino Ratio0.000.000.000.92-0.05
Monthly Volatility0.50%0.46%0.36%1.73%2.23%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.41%-7.25%0.00%0.11%0.01%70.45%
3 Months 9.87%-12.93%-0.12%0.35%1.14%61.90%
6 Months 10.92%-14.08%-0.48%0.56%2.32%58.97%
1 Year 6.77%-12.28%-1.28%0.08%2.87%51.52%
2 Years 6.72%-10.92%-5.10%-5.18%6.72%4.76%
3 Years 0.00%-6.11%-3.59%-4.41%-0.84%0.00%
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

Minastir Currency Fund is a directional hedge fund that takes long and short positions in different currencies. Trading is fully automated and managed using highly sophisticated proprietary trading algorithms. The trading algorithms, based on artificial intelligence, are able to provide very accurate predictions on future price movements, and position trades accordingly. Everything including analysis, order processing, communication with the brokers' trading systems, surveillance and risk management, is completely automatic in order to achieve the highest possible return at the lowest possible risk, as well as to avoid any mistakes resulting from the human factor.

Fund Information

General Information

NHX CategoryDiversified
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500,000 SEK
AUM -
Inception DateOct 2015
Management Fee2.00%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyMinastir Asset Management
AddressGottåkrav. 28
Höllviken, 236 41
Phone+46 40 - 45 54 25
E-mail[email protected]
Websitewww.minastir.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2019 0.06 0.99 1.08 0.05 0.01 2.20
2018 5.41 3.96 -4.85 0.05 0.14 0.01 0.01 0.11 0.14 0.15 0.13 0.11 5.17
2017 2.40 2.35 0.73 -5.32 -7.25 -0.85 -0.81 -0.27 -0.26 1.01 0.22 0.26 -7.97
2016 -0.17 0.01 -3.38 0.90 0.00 0.40 0.58 2.45 0.18 0.25 -2.14 -1.40 -2.43
2015 3.02 -0.17 -0.17 2.67

Portfolio Managers

Thomas Jacobson, CEO and Co-Owner

Thomas has nearly 15 years' experience in stock trading based on technical analysis, and 10 years of experience in combining options, warrants, certificates and other derivative instruments in the creation of structured products for different trading strategies. The past 8 years he has been involved with research and development of fully automated trading algorithms.

He has a bachelor and master's degree in Finance and Strategic Management from Copenhagen Business School, a master's degree in Financial Engineering from National Taiwan University, and has studied MBA at the University of British Columbia, and Global MBA at National Taiwan University.

With significant experience in trading financial instruments, a true entrepreneurial spirit, in-depth knowledge in both finance and computer science, as well as fluency in Chinese, Thomas leads the teams in Sweden and Taiwan to combine the best of both worlds.

Return Statistics

Last Month Return -
3 Month Return 1.14%
Year to Date Return 2.20%
12 Month Return 2.87%
36 Month Return -0.84%
Total Return Annualized -0.25%
Winning Months (%) 70.45%
Average Winning Month 0.88%
Average Losing Month -2.08%
Total Return Cumulative -0.90%

Risk Statistics (12M)

1 Year
Sharpe Ratio2.28
Sortino Ratio0.00
Sterling0.29
Calmar -
Skewness2.26
Kurtosis3.76
Maximum Drawdown0.00%
Correlation vs S&P 5000.16
Annualized Volatility1.25%
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 -14.08% 6 0 04/2017 -
2 -3.86% 5 5 11/2015 08/2016
3 -3.51% 2 2 11/2016 02/2017
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.38%0.38%0.24%0.27%-0.02%
% Positive100.00%100.00%100.00%79.17%75.00%
Avg. Pos. Period0.38%0.38%0.24%0.73%0.86%
Avg. Neg. Period - - - -1.41%-2.57%
Sharpe Ratio2.662.872.280.570.00
Sortino Ratio0.000.000.000.92-0.05
Monthly Volatility0.50%0.46%0.36%1.73%2.23%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 5.41%-7.25%0.00%0.11%0.01%70.45%
3 Months 9.87%-12.93%-0.12%0.35%1.14%61.90%
6 Months 10.92%-14.08%-0.48%0.56%2.32%58.97%
1 Year 6.77%-12.28%-1.28%0.08%2.87%51.52%
2 Years 6.72%-10.92%-5.10%-5.18%6.72%4.76%
3 Years 0.00%-6.11%-3.59%-4.41%-0.84%0.00%
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.

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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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