Mjeltevik Invest IS

Mjeltevik Invest AS

Strategy Description

Mjeltevik Invest IS employs a long-term systematic approach to trade Norwegian, Swedish and Danish equities. Mjeltevik Invest combines both technical analysis and fundamental analysis. The fund’s strategy is suitable for institutional and high-net-worth individuals seeking high returns with medium-to-low risk.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureFund
Fund DomicileNorway
Minimum Investment500,000 NOK
AUM -
Inception DateJan 2010
Management Fee2.00%
Performance Fee20.00%

Company Information

CompanyMjeltevik Invest AS
AddressStrandenglia 7
Tolvsrød , 3153
Phone99 44 87 00
E-mail[email protected]
Websitewww.mjeltevik.no/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 -4.55 -2.89 3.43 4.62 3.76 -0.85 2.57 1.93 -2.05 -3.56 -1.07 0.00 0.82
2017 1.34 1.71 0.36 4.23 1.77 -2.87 -0.90 -0.49 4.40 0.35 -2.56 2.71 10.20
2016 -3.32 -2.77 0.22 0.23 8.93 -0.41 4.04 -0.62 0.78 1.06 -0.20 2.84 10.71
2015 4.50 2.02 2.27 2.17 2.15 1.23 3.15 -4.65 0.26 -1.45 0.72 -0.76 11.89
2014 0.00 0.00 1.60 -0.55 2.42 -0.20 0.50 2.39 -0.27 4.28 0.77 0.59 12.03
2013 12.00 8.70 -1.55 2.46 3.64 -5.02 7.35 2.34 1.17 11.00 3.45 2.53 58.19
2012 4.49 9.01 -1.87 6.50 -7.70 10.23 9.60 2.63 2.03 -0.63 0.00 0.86 39.31
2011 -3.47 1.50 -1.44 0.25 -2.77 -5.04 -1.11 -5.81 -9.15 11.00 -2.17 1.21 -16.87
2010 -1.80 -2.15 11.20 3.50 -4.00 -3.70 12.08 -1.30 6.00 4.67 -4.40 15.16 38.15

Portfolio Managers

    Håvar Mjeltevik (born 1981) is a trader and fund manager from Skien in Norway. He earned a Bachelor's degree in Computer Engineering and another Bachelor's degree in Business and Administration with financial analysis from Vestfold University College in 2010. He has been the leader of the Norwegian young stockholders called "Unge Aksjonærer" and also been a motivator for trading and investing for Universities and University Colleges in Norway together with multiple top results from the stock competition "Studenter på børs". Håvar specializing in computerized trading systems and honor the teachings from the masters Ed Seykota and Richard Donchian.

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 -24.36% 9 9 01/2011 06/2012
2 -11.48% 7 5 08/2015 07/2016
3 -7.55% 2 1 05/2010 07/2010
4 -7.31% 2 2 01/2018 04/2018
5 -6.55% 3 0 09/2018 -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-1.55%-0.39%0.07%0.44%0.58%
% Positive0.00%33.33%41.67%54.17%55.56%
Avg. Pos. Period - 2.25%3.26%2.55%2.56%
Avg. Neg. Period-2.32%-2.23%-2.50%-2.18%-1.94%
Sharpe Ratio-3.58-0.590.130.620.76
Sortino Ratio-2.51-0.770.120.941.32
Monthly Volatility1.49%2.14%2.96%2.65%2.82%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 15.16%-9.15%1.36%0.77%0.00%59.26%
3 Months 23.99%-15.38%4.24%4.03%-4.59%74.53%
6 Months 35.12%-21.67%8.79%9.09%-2.30%80.58%
1 Year 61.37%-16.87%18.37%16.05%0.82%86.60%
2 Years 120.37%10.12%42.62%28.71%11.10%100.00%
3 Years 156.71%18.69%74.39%71.18%23.00%100.00%
5 Years 224.08%54.19%151.05%152.94%54.19%100.00%

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

Mjeltevik Invest IS employs a long-term systematic approach to trade Norwegian, Swedish and Danish equities. Mjeltevik Invest combines both technical analysis and fundamental analysis. The fund’s strategy is suitable for institutional and high-net-worth individuals seeking high returns with medium-to-low risk.

Fund Information

General Information

NHX CategoryEquities
NHX CountryNorway
Legal StructureFund
Fund DomicileNorway
Minimum Investment500,000 NOK
AUM -
Inception DateJan 2010
Management Fee2.00%
Performance Fee20.00%

Company Information

CompanyMjeltevik Invest AS
AddressStrandenglia 7
Tolvsrød , 3153
Phone99 44 87 00
E-mail[email protected]
Websitewww.mjeltevik.no/
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 -4.55 -2.89 3.43 4.62 3.76 -0.85 2.57 1.93 -2.05 -3.56 -1.07 0.00 0.82
2017 1.34 1.71 0.36 4.23 1.77 -2.87 -0.90 -0.49 4.40 0.35 -2.56 2.71 10.20
2016 -3.32 -2.77 0.22 0.23 8.93 -0.41 4.04 -0.62 0.78 1.06 -0.20 2.84 10.71
2015 4.50 2.02 2.27 2.17 2.15 1.23 3.15 -4.65 0.26 -1.45 0.72 -0.76 11.89
2014 0.00 0.00 1.60 -0.55 2.42 -0.20 0.50 2.39 -0.27 4.28 0.77 0.59 12.03
2013 12.00 8.70 -1.55 2.46 3.64 -5.02 7.35 2.34 1.17 11.00 3.45 2.53 58.19
2012 4.49 9.01 -1.87 6.50 -7.70 10.23 9.60 2.63 2.03 -0.63 0.00 0.86 39.31
2011 -3.47 1.50 -1.44 0.25 -2.77 -5.04 -1.11 -5.81 -9.15 11.00 -2.17 1.21 -16.87
2010 -1.80 -2.15 11.20 3.50 -4.00 -3.70 12.08 -1.30 6.00 4.67 -4.40 15.16 38.15

Portfolio Managers

    Håvar Mjeltevik (born 1981) is a trader and fund manager from Skien in Norway. He earned a Bachelor's degree in Computer Engineering and another Bachelor's degree in Business and Administration with financial analysis from Vestfold University College in 2010. He has been the leader of the Norwegian young stockholders called "Unge Aksjonærer" and also been a motivator for trading and investing for Universities and University Colleges in Norway together with multiple top results from the stock competition "Studenter på børs". Håvar specializing in computerized trading systems and honor the teachings from the masters Ed Seykota and Richard Donchian.

Return Statistics

Last Month Return -
3 Month Return -4.59%
Year to Date Return 0.82%
12 Month Return 0.82%
36 Month Return 23.00%
Total Return Annualized 16.33%
Winning Months (%) 59.26%
Average Winning Month 3.89%
Average Losing Month -2.55%
Total Return Cumulative 290.23%

Risk Statistics (12M)

1 Year
Sharpe Ratio0.13
Sortino Ratio0.12
Sterling0.05
Calmar0.11
Skewness0.03
Kurtosis-0.92
Maximum Drawdown-7.31%
Correlation vs S&P 5000.16
Annualized Volatility10.26%
Annualized Down. Deviation4.57%

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 -24.36% 9 9 01/2011 06/2012
2 -11.48% 7 5 08/2015 07/2016
3 -7.55% 2 1 05/2010 07/2010
4 -7.31% 2 2 01/2018 04/2018
5 -6.55% 3 0 09/2018 -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-1.55%-0.39%0.07%0.44%0.58%
% Positive0.00%33.33%41.67%54.17%55.56%
Avg. Pos. Period - 2.25%3.26%2.55%2.56%
Avg. Neg. Period-2.32%-2.23%-2.50%-2.18%-1.94%
Sharpe Ratio-3.58-0.590.130.620.76
Sortino Ratio-2.51-0.770.120.941.32
Monthly Volatility1.49%2.14%2.96%2.65%2.82%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 15.16%-9.15%1.36%0.77%0.00%59.26%
3 Months 23.99%-15.38%4.24%4.03%-4.59%74.53%
6 Months 35.12%-21.67%8.79%9.09%-2.30%80.58%
1 Year 61.37%-16.87%18.37%16.05%0.82%86.60%
2 Years 120.37%10.12%42.62%28.71%11.10%100.00%
3 Years 156.71%18.69%74.39%71.18%23.00%100.00%
5 Years 224.08%54.19%151.05%152.94%54.19%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.