Danske Invest Eastern Europe Absolute

Danske Bank

Strategy Description

Danske Invest Eastern Europe Absolute mainly invests in a focused selection of long and short positions in Eastern European and Turkish equities. Specifically, the fund invests at least two-thirds of net assets in equities and equity-related securities that are traded on a regulated market and are issued by companies that are domiciled, or do most of their business in Eastern Europe or in Turkey. Amongst others, regulated markets include the following: PFTS Ukraine Stock Exchange, Ukrainian Exchange and Kazakhstan Stock Exchange and Public Joint Stock Company MICEX-RTS.The investments in this fund will be made using a focused investment style.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureUCITS
Fund DomicileLuxembourg
Minimum Investment00 SEK
AUM708M SEK
Inception DateSep 2017
Management Fee1.50%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyDanske Bank
AddressBernstorffsgade 40
København V, 1577
Phone+45 3914 9776
E-mail[email protected]
Websitewww.danskehedge.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.01 -0.27 -1.91 -0.72 -0.42 0.12 -2.61 0.34 1.76 -0.82 -3.54
2019 -1.67 0.66 0.12 0.76 0.13 0.66 0.22 -0.26 0.06 -0.97 0.81 0.23 0.72
2018 0.05 -1.95 2.08 -1.01 -0.66 1.19 -2.01 0.47 -1.02 1.68 -0.30 -0.90 -2.45
2017 -0.65 0.18 -0.69 -0.62 -1.77

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 -8.07% 35 0 09/2017 -
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 Return0.42%-0.28%-0.21%-0.17%-0.19%
% Positive66.67%50.00%50.00%54.17%50.00%
Avg. Pos. Period1.05%0.74%0.71%0.53%0.69%
Avg. Neg. Period-0.82%-1.28%-1.13%-0.99%-1.05%
Sharpe Ratio1.40-0.71-0.61-0.59-0.58
Sortino Ratio3.08-0.86-0.74-0.71-0.73
Monthly Volatility1.06%1.32%1.17%0.97%1.08%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 2.08%-2.61%-0.18%-0.11%-0.82%50.00%
3 Months 2.06%-3.03%-0.56%-0.53%1.27%41.67%
6 Months 2.57%-5.70%-1.06%-0.99%-1.67%27.27%
1 Year 3.47%-4.88%-1.49%-1.59%-2.53%25.93%
2 Years 0.90%-4.27%-2.71%-2.91%-4.00%6.67%
3 Years -5.52%-7.75%-6.58%-6.46%-6.46%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.

Strategy Description

Danske Invest Eastern Europe Absolute mainly invests in a focused selection of long and short positions in Eastern European and Turkish equities. Specifically, the fund invests at least two-thirds of net assets in equities and equity-related securities that are traded on a regulated market and are issued by companies that are domiciled, or do most of their business in Eastern Europe or in Turkey. Amongst others, regulated markets include the following: PFTS Ukraine Stock Exchange, Ukrainian Exchange and Kazakhstan Stock Exchange and Public Joint Stock Company MICEX-RTS.The investments in this fund will be made using a focused investment style.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureUCITS
Fund DomicileLuxembourg
Minimum Investment00 SEK
AUM708M SEK
Inception DateSep 2017
Management Fee1.50%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyDanske Bank
AddressBernstorffsgade 40
København V, 1577
Phone+45 3914 9776
E-mail[email protected]
Websitewww.danskehedge.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.01 -0.27 -1.91 -0.72 -0.42 0.12 -2.61 0.34 1.76 -0.82 -3.54
2019 -1.67 0.66 0.12 0.76 0.13 0.66 0.22 -0.26 0.06 -0.97 0.81 0.23 0.72
2018 0.05 -1.95 2.08 -1.01 -0.66 1.19 -2.01 0.47 -1.02 1.68 -0.30 -0.90 -2.45
2017 -0.65 0.18 -0.69 -0.62 -1.77

Portfolio Managers

     
No data filled

Return Statistics

Last Month Return -
3 Month Return 1.27%
Year to Date Return -3.54%
12 Month Return -2.53%
36 Month Return -6.46%
Total Return Annualized -2.23%
Winning Months (%) 50.00%
Average Winning Month 0.66%
Average Losing Month -1.02%
Total Return Cumulative -6.90%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.61
Sortino Ratio-0.74
Sterling-0.16
Calmar-0.44
Skewness-0.58
Kurtosis1.09
Maximum Drawdown-5.70%
Correlation vs S&P 5000.04
Annualized Volatility4.04%
Annualized Down. Deviation2.93%

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 -8.07% 35 0 09/2017 -
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 Return0.42%-0.28%-0.21%-0.17%-0.19%
% Positive66.67%50.00%50.00%54.17%50.00%
Avg. Pos. Period1.05%0.74%0.71%0.53%0.69%
Avg. Neg. Period-0.82%-1.28%-1.13%-0.99%-1.05%
Sharpe Ratio1.40-0.71-0.61-0.59-0.58
Sortino Ratio3.08-0.86-0.74-0.71-0.73
Monthly Volatility1.06%1.32%1.17%0.97%1.08%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 2.08%-2.61%-0.18%-0.11%-0.82%50.00%
3 Months 2.06%-3.03%-0.56%-0.53%1.27%41.67%
6 Months 2.57%-5.70%-1.06%-0.99%-1.67%27.27%
1 Year 3.47%-4.88%-1.49%-1.59%-2.53%25.93%
2 Years 0.90%-4.27%-2.71%-2.91%-4.00%6.67%
3 Years -5.52%-7.75%-6.58%-6.46%-6.46%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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