Northern Star MG Relative Value

Northern Star Partners Oy

Strategy Description

Northern Star MG Relative Value implements commodity option trading strategies on 50 liquid and seasonal commodity products. The return is derived as a function of “time decay” characteristics of options. The strategy does not attempt to forecast market direction. The fund’s strategy indicates certain mispricing events on a monthly basis based on product seasonalities. The market overpays for insurance against small losses and underpays for insurance against major market crashes. This creates opportunities for the strategy employed by Northern Start MG Relative Value. The fund has excellent return/risk values and exhibits very low correlation to other assets classes. Preservation of investor capital is implemented with dynamic hedging to reduce downside risks. The fund aims to generate an annual return of 12 to 15 percent over the business cycle (3 - 7 years).

Fund Information

General Information

NHX CategoryCTA
NHX CountryFinland
Legal StructureSpecialized Investment Fund
Fund DomicileLuxembourg
Minimum Investment125,000 EUR
AUM -
Inception DateJul 2018
Management Fee0.80%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyNorthern Star Partners Oy
AddressRuoholahdenkatu 8C
Helsinki , 00180
Phone+358 207 343 161
E-mail[email protected]
Websitewww.northern.fi
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 -0.34 -0.34
2019 0.15 1.41 2.54 0.63 -2.81 -0.64 3.05 -0.98 0.72 -3.55 0.74 -2.51 -1.48
2018 7.27 -1.42 -0.28 -0.02 -1.96 -0.50 2.85

Portfolio Managers

Karri Lehtinen

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 -6.31% 9 0 05/2019 -
2 -4.12% 5 4 08/2018 04/2019
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 Return-0.71%-1.00%-0.16% - -
% Positive33.33%33.33%50.00% - -
Avg. Pos. Period0.74%0.73%1.52% - -
Avg. Neg. Period-1.43%-1.85%-1.81% - -
Sharpe Ratio-1.80-2.15-0.25 - -
Sortino Ratio-1.69-1.90-0.37 - -
Monthly Volatility1.35%1.59%1.98% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.27%-3.55%0.08%-0.28%-0.34%42.11%
3 Months 5.45%-5.28%-0.33%-1.72%-2.12%41.18%
6 Months 4.13%-5.85%-0.28%0.54%-5.85%50.00%
1 Year 4.08%-2.14%0.11%0.21%-1.96%50.00%
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

Northern Star MG Relative Value implements commodity option trading strategies on 50 liquid and seasonal commodity products. The return is derived as a function of “time decay” characteristics of options. The strategy does not attempt to forecast market direction. The fund’s strategy indicates certain mispricing events on a monthly basis based on product seasonalities. The market overpays for insurance against small losses and underpays for insurance against major market crashes. This creates opportunities for the strategy employed by Northern Start MG Relative Value. The fund has excellent return/risk values and exhibits very low correlation to other assets classes. Preservation of investor capital is implemented with dynamic hedging to reduce downside risks. The fund aims to generate an annual return of 12 to 15 percent over the business cycle (3 - 7 years).

Fund Information

General Information

NHX CategoryCTA
NHX CountryFinland
Legal StructureSpecialized Investment Fund
Fund DomicileLuxembourg
Minimum Investment125,000 EUR
AUM -
Inception DateJul 2018
Management Fee0.80%
Performance Fee20.00%
SFDR Classification -

Company Information

CompanyNorthern Star Partners Oy
AddressRuoholahdenkatu 8C
Helsinki , 00180
Phone+358 207 343 161
E-mail[email protected]
Websitewww.northern.fi
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 -0.34 -0.34
2019 0.15 1.41 2.54 0.63 -2.81 -0.64 3.05 -0.98 0.72 -3.55 0.74 -2.51 -1.48
2018 7.27 -1.42 -0.28 -0.02 -1.96 -0.50 2.85

Portfolio Managers

Karri Lehtinen

Return Statistics

Last Month Return -
3 Month Return -2.12%
Year to Date Return -0.34%
12 Month Return -1.96%
36 Month Return -
Total Return Annualized 0.62%
Winning Months (%) 42.11%
Average Winning Month 2.06%
Average Losing Month -1.36%
Total Return Cumulative 0.98%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.25
Sortino Ratio-0.37
Sterling-0.12
Calmar-0.31
Skewness-0.21
Kurtosis-0.17
Maximum Drawdown-6.31%
Correlation vs S&P 5000.30
Annualized Volatility6.87%
Annualized Down. Deviation4.18%

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 -6.31% 9 0 05/2019 -
2 -4.12% 5 4 08/2018 04/2019
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 Return-0.71%-1.00%-0.16% - -
% Positive33.33%33.33%50.00% - -
Avg. Pos. Period0.74%0.73%1.52% - -
Avg. Neg. Period-1.43%-1.85%-1.81% - -
Sharpe Ratio-1.80-2.15-0.25 - -
Sortino Ratio-1.69-1.90-0.37 - -
Monthly Volatility1.35%1.59%1.98% - -

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.27%-3.55%0.08%-0.28%-0.34%42.11%
3 Months 5.45%-5.28%-0.33%-1.72%-2.12%41.18%
6 Months 4.13%-5.85%-0.28%0.54%-5.85%50.00%
1 Year 4.08%-2.14%0.11%0.21%-1.96%50.00%
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.

Powered and provided by Fundpeak.com. Copyright © 2024
Data and information is provided for informational purposes only. Past performance is not necessarily indicative of future results.

Nordic Business Media AB
BOX 7285
SE-103 89 Stockholm, Sweden

Corporate No.: 556838-6170
VAT No.: SE-556838617001

Tel.:+46 (0) 8 5333 8688
Mob.: +46 (0) 7 06566688
E-mail: [email protected]

© 2022 Nordic Business Media AB

About Us

Manager Login

Cookie Policy

Privacy Policy