Ridge Capital AB

Ridge Capital Northern Yield

Strategy Description

Ridge Capital Northern Yield invests mainly (~90%) in Nordic corporate credit high yield bonds. It applies flexible and dynamic investment strategies, taking mainly long positions. It can take short duration positions that seek to take full advantage of market changes and opportunities within fixed income markets. The fund seeks to gain investment exposure to fixed income and fixed income related securities, predominantly, but not exclusively, issued by corporations. Ridge Capital Northern Yield may also invest in fixed income securities issued by agencies, governments, and municipalities. The fixed income securities may include subordinated and hybrid bonds. The fund may also invest a portion of its portfolio in equities and money market instruments, including, but not limited to, preferred equity, convertible bonds, payment-in-kind bonds, among others. The Fund may be exposed, via derivatives, to all the above securities. Exposure may be outright long or short, or relative between instruments, hence the fund will not necessarily have a balanced exposure to the investment strategies.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureRAIF
Fund DomicileLuxembourg
Minimum Investment125,000 EUR
AUM38M EUR
Inception DateJan 2023
Management Fee0.75%
Performance Fee20% above 3%

Company Information

CompanyRidge Capital AB
PrincipalChristoffer Malmström and Måns Levin
AddressStorgatan 23A
Stockholm, 114 55
Phone+46 73 262 90 00
E-mail[email protected]
Websitewww.ridgecapital.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 0.42 0.56 -0.13 0.48 0.99 0.77 0.64 1.85 5.71

Portfolio Managers

Christoffer Malmström (Lead portfolio manager) and Måns Levin (Assistant portfolio manager).

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

Chart not applicable - performance history is less than 12 months

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -.13% 1 1 03/2023 04/2023
2 - - - - -
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 Return1.08%0.77% - - -
% Positive100.00%83.33% - - -
Avg. Pos. Period1.09%0.95% - - -
Avg. Neg. Period - -0.13% - - -
Sharpe Ratio6.914.47 - - -
Sortino Ratio0.0051.59 - - -
Monthly Volatility0.54%0.60% - - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 1.85%-.13%.70%.60%1.85%87.50%
3 Months 3.29%.86%1.85%1.80%3.29%100.00%
6 Months 4.69%3.13%3.72%3.36%4.69%100.00%
1 Year ------
2 Years ------
3 Years ------
5 Years ------

Volatility (12 Months Rolling)

Chart not applicable - performance history is less than 12 months

CORRELATION (12 MONTH ROLLING)

Chart not applicable - performance history is less than 12 months

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

Ridge Capital Northern Yield invests mainly (~90%) in Nordic corporate credit high yield bonds. It applies flexible and dynamic investment strategies, taking mainly long positions. It can take short duration positions that seek to take full advantage of market changes and opportunities within fixed income markets. The fund seeks to gain investment exposure to fixed income and fixed income related securities, predominantly, but not exclusively, issued by corporations. Ridge Capital Northern Yield may also invest in fixed income securities issued by agencies, governments, and municipalities. The fixed income securities may include subordinated and hybrid bonds. The fund may also invest a portion of its portfolio in equities and money market instruments, including, but not limited to, preferred equity, convertible bonds, payment-in-kind bonds, among others. The Fund may be exposed, via derivatives, to all the above securities. Exposure may be outright long or short, or relative between instruments, hence the fund will not necessarily have a balanced exposure to the investment strategies.

Fund Information

General Information

NHX CategoryFixed Income
NHX CountrySweden
Legal StructureRAIF
Fund DomicileLuxembourg
Minimum Investment125,000 EUR
AUM38M EUR
Inception DateJan 2023
Management Fee0.75%
Performance Fee20% above 3%

Company Information

CompanyRidge Capital AB
PrincipalChristoffer Malmström and Måns Levin
AddressStorgatan 23A
Stockholm, 114 55
Phone+46 73 262 90 00
E-mail[email protected]
Websitewww.ridgecapital.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 0.42 0.56 -0.13 0.48 0.99 0.77 0.64 1.85 5.71

Portfolio Managers

Christoffer Malmström (Lead portfolio manager) and Måns Levin (Assistant portfolio manager).

Return Statistics

Last Month Return 1.85%
3 Month Return 3.29%
Year to Date Return 5.71%
12 Month Return -
36 Month Return -
Total Return Annualized 8.69%
Winning Months (%) 87.50%
Average Winning Month 0.82%
Average Losing Month -0.13%
Total Return Cumulative 5.71%

Risk Statistics (12M)

1 Year
Sharpe Ratio -
Sortino Ratio -
Sterling -
Calmar -
Skewness -
Kurtosis -
Maximum Drawdown -
Correlation vs S&P 500 -
Annualized Volatility -
Annualized Down. Deviation -

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Chart not applicable - performance history is less than 12 months

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -.13% 1 1 03/2023 04/2023
2 - - - - -
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 Return1.08%0.77% - - -
% Positive100.00%83.33% - - -
Avg. Pos. Period1.09%0.95% - - -
Avg. Neg. Period - -0.13% - - -
Sharpe Ratio6.914.47 - - -
Sortino Ratio0.0051.59 - - -
Monthly Volatility0.54%0.60% - - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 1.85%-.13%.70%.60%1.85%87.50%
3 Months 3.29%.86%1.85%1.80%3.29%100.00%
6 Months 4.69%3.13%3.72%3.36%4.69%100.00%
1 Year ------
2 Years ------
3 Years ------
5 Years ------

Volatility (12 Months Rolling)

Chart not applicable - performance history is less than 12 months

CORRELATION (12 MONTH ROLLING)

Chart not applicable - performance history is less than 12 months

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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