Coeli Asset Management

Coeli Renewable Opportunities

Strategy Description

Coeli Renewable Opportunities is a long/short equity hedge fund targeting high risk-adjusted returns over the cycle. The investment universe consists of renewable energy equities as well as companies in adjacent sectors where the focus is decarbonisation. The fund has a global mandate but is focused on North America and Western Europe. The investment process is centered around a top-down analysis of supply and demand in the sub-sectors, complemented with a detailed bottom-up analysis to identify companies with and without sustainable competitive advantages. With a concentrated portfolio of 25-50 stocks and net exposure between 40 – 80%, it aims to create alpha on both the long and the short side.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment10,000,000 SEK
AUM -
Inception DateFeb 2023
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyCoeli Asset Management
PrincipalLukas Lindkvist
AddressSveavägen 24-16
Stockholm, 111 57
Phone+46 8 506 223 30
E-mail[email protected]
Websitewww.coeli.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -7.01 6.00 4.84 -0.97 5.08 7.54
2023 0.26 1.56 0.16 -0.52 5.60 -1.68 -3.25 -5.27 -6.45 4.55 7.01 1.04

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 -15.70% 4 7 07/2023 05/2024
2 -0.52% 1 1 05/2023 06/2023
3 - - - - -
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.94%2.37%0.57% - -
% Positive66.67%66.67%50.00% - -
Avg. Pos. Period4.96%5.73%5.51% - -
Avg. Neg. Period-0.97%-3.99%-4.10% - -
Sharpe Ratio3.701.740.48 - -
Sortino Ratio18.272.840.60 - -
Monthly Volatility2.79%4.95%5.11% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.01%-7.01%0.62%0.21%5.08%56.25%
3 Months 10.06%-14.26%1.24%3.32%9.10%78.57%
6 Months 15.08%-11.44%0.22%-2.27%15.08%45.45%
1 Year 7.11%-6.04%0.87%1.40%7.11%60.00%
2 Years ------
3 Years ------
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

Coeli Renewable Opportunities is a long/short equity hedge fund targeting high risk-adjusted returns over the cycle. The investment universe consists of renewable energy equities as well as companies in adjacent sectors where the focus is decarbonisation. The fund has a global mandate but is focused on North America and Western Europe. The investment process is centered around a top-down analysis of supply and demand in the sub-sectors, complemented with a detailed bottom-up analysis to identify companies with and without sustainable competitive advantages. With a concentrated portfolio of 25-50 stocks and net exposure between 40 – 80%, it aims to create alpha on both the long and the short side.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment10,000,000 SEK
AUM -
Inception DateFeb 2023
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyCoeli Asset Management
PrincipalLukas Lindkvist
AddressSveavägen 24-16
Stockholm, 111 57
Phone+46 8 506 223 30
E-mail[email protected]
Websitewww.coeli.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -7.01 6.00 4.84 -0.97 5.08 7.54
2023 0.26 1.56 0.16 -0.52 5.60 -1.68 -3.25 -5.27 -6.45 4.55 7.01 1.04

Portfolio Managers

   
No data filled

Return Statistics

Last Month Return 5.08%
3 Month Return 9.10%
Year to Date Return 7.54%
12 Month Return 7.11%
36 Month Return -
Total Return Annualized 6.43%
Winning Months (%) 56.25%
Average Winning Month 3.89%
Average Losing Month -3.59%
Total Return Cumulative 8.66%

Risk Statistics (12M)

1 Year
Sharpe Ratio0.48
Sortino Ratio0.60
Sterling0.28
Calmar0.45
Skewness-0.32
Kurtosis-1.37
Maximum Drawdown-15.70%
Correlation vs S&P 5000.75
Annualized Volatility17.70%
Annualized Down. Deviation7.97%

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 -15.70% 4 7 07/2023 05/2024
2 -0.52% 1 1 05/2023 06/2023
3 - - - - -
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return2.94%2.37%0.57% - -
% Positive66.67%66.67%50.00% - -
Avg. Pos. Period4.96%5.73%5.51% - -
Avg. Neg. Period-0.97%-3.99%-4.10% - -
Sharpe Ratio3.701.740.48 - -
Sortino Ratio18.272.840.60 - -
Monthly Volatility2.79%4.95%5.11% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.01%-7.01%0.62%0.21%5.08%56.25%
3 Months 10.06%-14.26%1.24%3.32%9.10%78.57%
6 Months 15.08%-11.44%0.22%-2.27%15.08%45.45%
1 Year 7.11%-6.04%0.87%1.40%7.11%60.00%
2 Years ------
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.