Gamma Iceland Opportunity Fund

GAMMA CAPITAL MANAGEMENT HF

Strategy Description

Iceland Opportunity Fund's multi-asset investment strategy is designed to capture the idiosyncratic nature of the Icelandic economy. The fund is the first fund domiciled outside Iceland focusing on investments into Iceland. The aim is to create a conduit for international investors to invest in Iceland with an Irish domiciled fund and EUR and USD share classes. The fund invests in a number of Icelandic assets, including government bonds, deposits, corporate credit, equities, real estate companies, either directly or through funds. The target return is 20% per annum over a three-year time period, taking into account the anticipated appreciation of the ISK versus EUR and USD.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryIceland
Legal StructureMutual Fund
Fund DomicileIceland
Minimum Investment100,000 EUR
AUM -
Inception DateNov 2016
Management Fee1.50%
Performance Fee15.00%

Company Information

CompanyGAMMA CAPITAL MANAGEMENT HF
Principal -
AddressGarðastræti 37
Reykjavík, 101
Phone 519 3300
E-mail[email protected]
Websitehttp://www.gamma.is/en
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2017 0.88 9.50 -5.53 5.10 1.70 -2.90 -2.70 -1.40 -0.40 0.80 0.00 -0.60 3.69
2016 1.68 -1.94 -0.29

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 -7.22% 4 0 06/2017 -
2 -5.53% 1 2 03/2017 05/2017
3 -1.94% 1 2 12/2016 02/2017
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.07%-0.72%0.30% - -
% Positive33.33%16.67%41.67% - -
Avg. Pos. Period0.80%0.80%3.60% - -
Avg. Neg. Period-0.60%-1.28%-2.26% - -
Sharpe Ratio0.40-2.250.34 - -
Sortino Ratio0.65-1.960.52 - -
Monthly Volatility0.57%1.11%3.74% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.50%-5.53%0.30%-0.20%-0.60%42.86%
3 Months 8.72%-6.84%0.93%0.49%0.20%66.67%
6 Months 9.38%-6.47%1.01%-0.83%-4.26%44.44%
1 Year 4.01%2.30%3.33%3.69%3.69%100.00%
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

Iceland Opportunity Fund's multi-asset investment strategy is designed to capture the idiosyncratic nature of the Icelandic economy. The fund is the first fund domiciled outside Iceland focusing on investments into Iceland. The aim is to create a conduit for international investors to invest in Iceland with an Irish domiciled fund and EUR and USD share classes. The fund invests in a number of Icelandic assets, including government bonds, deposits, corporate credit, equities, real estate companies, either directly or through funds. The target return is 20% per annum over a three-year time period, taking into account the anticipated appreciation of the ISK versus EUR and USD.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryIceland
Legal StructureMutual Fund
Fund DomicileIceland
Minimum Investment100,000 EUR
AUM -
Inception DateNov 2016
Management Fee1.50%
Performance Fee15.00%

Company Information

CompanyGAMMA CAPITAL MANAGEMENT HF
Principal -
AddressGarðastræti 37
Reykjavík, 101
Phone 519 3300
E-mail[email protected]
Websitehttp://www.gamma.is/en
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2017 0.88 9.50 -5.53 5.10 1.70 -2.90 -2.70 -1.40 -0.40 0.80 0.00 -0.60 3.69
2016 1.68 -1.94 -0.29

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return 0.20%
Year to Date Return 3.69%
12 Month Return 3.69%
36 Month Return -
Total Return Annualized 2.90%
Winning Months (%) 42.86%
Average Winning Month 3.28%
Average Losing Month -2.21%
Total Return Cumulative 3.39%

Risk Statistics (12M)

1 Year
Sharpe Ratio0.34
Sortino Ratio0.52
Sterling0.21
Calmar0.51
Skewness1.24
Kurtosis3.13
Maximum Drawdown-7.22%
Correlation vs S&P 5000.65
Annualized Volatility12.95%
Annualized Down. Deviation6.04%

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 -7.22% 4 0 06/2017 -
2 -5.53% 1 2 03/2017 05/2017
3 -1.94% 1 2 12/2016 02/2017
4 - - - - -
5 - - - - -

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.07%-0.72%0.30% - -
% Positive33.33%16.67%41.67% - -
Avg. Pos. Period0.80%0.80%3.60% - -
Avg. Neg. Period-0.60%-1.28%-2.26% - -
Sharpe Ratio0.40-2.250.34 - -
Sortino Ratio0.65-1.960.52 - -
Monthly Volatility0.57%1.11%3.74% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 9.50%-5.53%0.30%-0.20%-0.60%42.86%
3 Months 8.72%-6.84%0.93%0.49%0.20%66.67%
6 Months 9.38%-6.47%1.01%-0.83%-4.26%44.44%
1 Year 4.01%2.30%3.33%3.69%3.69%100.00%
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.