Scandinavian Credit Fund I

Skandinaviska Kreditfonden AB

Strategy Description

Scandinavian Credit Fund I provides access to a high-yield investment product with low risk that is not normally available to private investors. The fund offers short- to medium-term direct loans to small- and medium-sized companies for a variety of purposes, including business expansion, inventory or equipment purchases, working capital, and refinancing. Scandinavian Credit Fund aims to facilitate the development and expansion of small- and medium-sized companies operating in the Nordic countries.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100,000 SEK
AUM3,500M SEK
Inception DateJan 2016
Management Fee1.60%
Performance Fee20.00%

Company Information

CompanySkandinaviska Kreditfonden AB
Investor RelationsPeter Norman
AddressP.O. Box 16 357
103 26 Stockholm, Sweden
Phone+46 0733 929 455
E-mail[email protected]
Websitewww.kreditfonden.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -0.52 -0.85 -5.63 -2.07 -3.50 -12.04
2023 0.17 0.28 0.19 0.22 0.31 -8.54 -0.21 -3.40 -2.17 -3.78 -1.88 -0.16 -17.74
2022 0.52 0.48 0.66 0.64 0.36 0.34 0.78 0.27 0.50 -0.39 0.12 0.45 4.83
2021 0.60 0.48 0.53 0.43 0.02 0.49 0.40 0.48 0.36 0.35 0.49 -1.50 3.16
2020 0.51 0.54 -0.81 0.18 0.43 0.47 0.59 0.52 0.39 0.48 0.50 0.41 4.28
2019 0.52 0.31 0.42 0.36 0.11 0.57 0.57 0.53 0.50 0.44 0.71 0.59 5.77
2018 0.54 0.56 0.63 0.57 0.57 0.83 0.58 0.51 0.63 0.50 0.49 0.40 7.02
2017 0.43 0.84 0.80 0.69 0.67 0.59 0.64 0.73 0.59 0.60 0.61 0.66 8.13
2016 -0.25 0.37 0.31 0.44 0.50 0.68 0.65 0.78 0.61 0.88 0.77 0.72 6.64

Portfolio Managers

Fredrik Sjöstrand, CIO and Founding Partner at Skandinaviska Kreditfonden AB, has more than 28 years of experience of working in the financial sector. Prior to Skandinaviska Kreditfonden, he worked in several senior positions and served as a specialist in portfolio management, trading, analysis, risk management, and other areas at Handelsbanken, Bear Stearns, Straumur Investmentbank, Carnegie and Swedbank in Sweden, Luxembourg and Great Britain. Since 2008, Sjöstrand has been running his own consulting business within financial services. He holds a Bachelor of Science (BSc) from Stockholm University in Public Administration with a specialization in Advanced Economics and Statistics.

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 -28.48% 12 0 06/2023 -
2 -1.50% 1 3 12/2021 03/2022
3 -0.81% 1 3 03/2020 06/2020
4 -0.39% 1 2 10/2022 12/2022
5 -0.25% 1 1 01/2016 02/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.74%-2.14%-2.76%-1.25%-0.74%
% Positive0.00%0.00%0.00%45.83%61.11%
Avg. Pos. Period - - - 0.33%0.40%
Avg. Neg. Period-3.73%-2.12%-2.73%-2.55%-2.47%
Sharpe Ratio-8.84-3.82-3.99-1.89-1.24
Sortino Ratio-3.24-2.59-2.64-1.70-1.21
Monthly Volatility1.46%1.93%2.37%2.25%2.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 0.88%-8.54%0.07%0.49%-3.50%84.16%
3 Months 2.39%-11.84%0.33%1.42%-10.82%82.83%
6 Months 4.52%-18.57%0.99%2.71%-12.18%87.50%
1 Year 8.85%-28.48%2.77%5.32%-28.48%86.67%
2 Years 17.22%-26.14%7.90%10.40%-26.14%84.62%
3 Years 24.41%-23.35%12.96%16.31%-23.35%84.85%
5 Years 37.73%-15.15%22.79%29.88%-15.15%83.33%

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

Scandinavian Credit Fund I provides access to a high-yield investment product with low risk that is not normally available to private investors. The fund offers short- to medium-term direct loans to small- and medium-sized companies for a variety of purposes, including business expansion, inventory or equipment purchases, working capital, and refinancing. Scandinavian Credit Fund aims to facilitate the development and expansion of small- and medium-sized companies operating in the Nordic countries.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment100,000 SEK
AUM3,500M SEK
Inception DateJan 2016
Management Fee1.60%
Performance Fee20.00%

Company Information

CompanySkandinaviska Kreditfonden AB
Investor RelationsPeter Norman
AddressP.O. Box 16 357
103 26 Stockholm, Sweden
Phone+46 0733 929 455
E-mail[email protected]
Websitewww.kreditfonden.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 -0.52 -0.85 -5.63 -2.07 -3.50 -12.04
2023 0.17 0.28 0.19 0.22 0.31 -8.54 -0.21 -3.40 -2.17 -3.78 -1.88 -0.16 -17.74
2022 0.52 0.48 0.66 0.64 0.36 0.34 0.78 0.27 0.50 -0.39 0.12 0.45 4.83
2021 0.60 0.48 0.53 0.43 0.02 0.49 0.40 0.48 0.36 0.35 0.49 -1.50 3.16
2020 0.51 0.54 -0.81 0.18 0.43 0.47 0.59 0.52 0.39 0.48 0.50 0.41 4.28
2019 0.52 0.31 0.42 0.36 0.11 0.57 0.57 0.53 0.50 0.44 0.71 0.59 5.77
2018 0.54 0.56 0.63 0.57 0.57 0.83 0.58 0.51 0.63 0.50 0.49 0.40 7.02
2017 0.43 0.84 0.80 0.69 0.67 0.59 0.64 0.73 0.59 0.60 0.61 0.66 8.13
2016 -0.25 0.37 0.31 0.44 0.50 0.68 0.65 0.78 0.61 0.88 0.77 0.72 6.64

Portfolio Managers

Fredrik Sjöstrand, CIO and Founding Partner at Skandinaviska Kreditfonden AB, has more than 28 years of experience of working in the financial sector. Prior to Skandinaviska Kreditfonden, he worked in several senior positions and served as a specialist in portfolio management, trading, analysis, risk management, and other areas at Handelsbanken, Bear Stearns, Straumur Investmentbank, Carnegie and Swedbank in Sweden, Luxembourg and Great Britain. Since 2008, Sjöstrand has been running his own consulting business within financial services. He holds a Bachelor of Science (BSc) from Stockholm University in Public Administration with a specialization in Advanced Economics and Statistics.

Return Statistics

Last Month Return -3.50%
3 Month Return -10.82%
Year to Date Return -12.04%
12 Month Return -28.48%
36 Month Return -23.35%
Total Return Annualized 0.75%
Winning Months (%) 84.16%
Average Winning Month 0.50%
Average Losing Month -2.23%
Total Return Cumulative 6.51%

Risk Statistics (12M)

1 Year
Sharpe Ratio-3.99
Sortino Ratio-2.64
Sterling-0.74
Calmar-1.00
Skewness-1.42
Kurtosis2.69
Maximum Drawdown-28.48%
Correlation vs S&P 500-0.10
Annualized Volatility8.19%
Annualized Down. Deviation8.19%

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 -28.48% 12 0 06/2023 -
2 -1.50% 1 3 12/2021 03/2022
3 -0.81% 1 3 03/2020 06/2020
4 -0.39% 1 2 10/2022 12/2022
5 -0.25% 1 1 01/2016 02/2016

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.74%-2.14%-2.76%-1.25%-0.74%
% Positive0.00%0.00%0.00%45.83%61.11%
Avg. Pos. Period - - - 0.33%0.40%
Avg. Neg. Period-3.73%-2.12%-2.73%-2.55%-2.47%
Sharpe Ratio-8.84-3.82-3.99-1.89-1.24
Sortino Ratio-3.24-2.59-2.64-1.70-1.21
Monthly Volatility1.46%1.93%2.37%2.25%2.00%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 0.88%-8.54%0.07%0.49%-3.50%84.16%
3 Months 2.39%-11.84%0.33%1.42%-10.82%82.83%
6 Months 4.52%-18.57%0.99%2.71%-12.18%87.50%
1 Year 8.85%-28.48%2.77%5.32%-28.48%86.67%
2 Years 17.22%-26.14%7.90%10.40%-26.14%84.62%
3 Years 24.41%-23.35%12.96%16.31%-23.35%84.85%
5 Years 37.73%-15.15%22.79%29.88%-15.15%83.33%

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.