Gramont Equity Opportunities Fund

GRAMONT CAPITAL

Strategy Description

Gramont Equity Opportunities Fund builds on three investment strategy buckets: macro thematic, single stock strategies, and special situations. The thematic strategy focuses on broader macroeconomic themes in equity markets, while the single stock strategy focuses on company fundamentals, technical factors and relative valuation. The special situations part of the portfolio aims at identifying arbitrage opportunities that appear in isolated events such as M&A deals, right issues and index changes.

Fund Information

General Information

NHX CategoryEquities
NHX CountryFinland
Legal StructureFund
Fund DomicileFinland
Minimum Investment1,000,000 EUR
AUM -
Inception DateSep 2014
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyGRAMONT CAPITAL
AddressKalevankatu 17 A
Helsinki, 00100
Phone+358405238682
E-mail[email protected]
Websitehttp://gramont.fi
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 -14.20 7.00 7.30 3.10 -7.60 -1.70 -2.20 -9.78
2017 -2.10 -6.00 -2.00 -4.10 -6.70 3.60 -5.30 -4.20 1.90 -8.60 0.30 -0.80 -29.72
2016 4.70 2.60 -1.20 2.20 -1.50 4.70 -7.60 -0.60 -1.70 1.20 4.70 0.30 7.33
2015 3.81 -0.40 -1.42 3.79 -1.58 1.35 -4.84 7.90 -2.62 7.00 -0.20 -1.60 10.87
2014 0.54 -0.71 -2.32 -0.22 -2.70

Portfolio Managers

Miikka Hautamäki is Chief Investment Officer and responsible for portfolio management and the investment team. Miikka has 10 years of experience in the financial markets with a strong European focus, including four years as a portfolio manager and a partner at Brummer & Partners Avenir. Prior to Brummer & Partners Avenir, Miikka was a portfolio trader at Goldman Sachs in London for 5 years. He has a Master's degree in Finance from Helsinki School of Economics, a Master's degree in Engineering from Helsinki University of Technology and is a CFA charterholder. 

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 -42.14% 19 0 07/2016 -
2 -5.08% 3 1 05/2015 08/2015
3 -3.23% 3 1 10/2014 01/2015
4 -2.62% 1 1 09/2015 10/2015
5 -1.81% 2 1 02/2015 04/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.87%0.84%-1.83%-1.73%-0.79%
% Positive0.00%50.00%41.67%37.50%41.67%
Avg. Pos. Period - 5.80%3.92%3.27%3.90%
Avg. Neg. Period-3.83%-3.83%-5.61%-4.52%-3.93%
Sharpe Ratio-4.970.64-0.94-1.12-0.47
Sortino Ratio-2.870.88-1.16-1.31-0.69
Monthly Volatility2.67%5.35%6.07%4.95%4.92%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.90%-14.20%-0.55%-0.71%-2.20%40.43%
3 Months 18.37%-14.63%-1.67%-1.12%-11.17%44.44%
6 Months 15.60%-23.83%-3.07%-2.32%5.15%45.24%
1 Year 17.53%-38.40%-5.93%-3.85%-19.91%50.00%
2 Years 19.00%-38.18%-11.48%-10.31%-34.16%33.33%
3 Years -11.00%-30.88%-20.45%-19.44%-24.86%0.00%
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

Gramont Equity Opportunities Fund builds on three investment strategy buckets: macro thematic, single stock strategies, and special situations. The thematic strategy focuses on broader macroeconomic themes in equity markets, while the single stock strategy focuses on company fundamentals, technical factors and relative valuation. The special situations part of the portfolio aims at identifying arbitrage opportunities that appear in isolated events such as M&A deals, right issues and index changes.

Fund Information

General Information

NHX CategoryEquities
NHX CountryFinland
Legal StructureFund
Fund DomicileFinland
Minimum Investment1,000,000 EUR
AUM -
Inception DateSep 2014
Management Fee1.50%
Performance Fee20.00%

Company Information

CompanyGRAMONT CAPITAL
AddressKalevankatu 17 A
Helsinki, 00100
Phone+358405238682
E-mail[email protected]
Websitehttp://gramont.fi
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2018 -14.20 7.00 7.30 3.10 -7.60 -1.70 -2.20 -9.78
2017 -2.10 -6.00 -2.00 -4.10 -6.70 3.60 -5.30 -4.20 1.90 -8.60 0.30 -0.80 -29.72
2016 4.70 2.60 -1.20 2.20 -1.50 4.70 -7.60 -0.60 -1.70 1.20 4.70 0.30 7.33
2015 3.81 -0.40 -1.42 3.79 -1.58 1.35 -4.84 7.90 -2.62 7.00 -0.20 -1.60 10.87
2014 0.54 -0.71 -2.32 -0.22 -2.70

Portfolio Managers

Miikka Hautamäki is Chief Investment Officer and responsible for portfolio management and the investment team. Miikka has 10 years of experience in the financial markets with a strong European focus, including four years as a portfolio manager and a partner at Brummer & Partners Avenir. Prior to Brummer & Partners Avenir, Miikka was a portfolio trader at Goldman Sachs in London for 5 years. He has a Master's degree in Finance from Helsinki School of Economics, a Master's degree in Engineering from Helsinki University of Technology and is a CFA charterholder. 

Return Statistics

Last Month Return -
3 Month Return -11.17%
Year to Date Return -9.78%
12 Month Return -19.91%
36 Month Return -24.86%
Total Return Annualized -7.59%
Winning Months (%) 40.43%
Average Winning Month 3.58%
Average Losing Month -3.36%
Total Return Cumulative -26.59%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.94
Sortino Ratio-1.16
Sterling-0.59
Calmar-0.84
Skewness-0.50
Kurtosis0.73
Maximum Drawdown-23.83%
Correlation vs S&P 500-0.80
Annualized Volatility21.04%
Annualized Down. Deviation15.42%

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 -42.14% 19 0 07/2016 -
2 -5.08% 3 1 05/2015 08/2015
3 -3.23% 3 1 10/2014 01/2015
4 -2.62% 1 1 09/2015 10/2015
5 -1.81% 2 1 02/2015 04/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return-3.87%0.84%-1.83%-1.73%-0.79%
% Positive0.00%50.00%41.67%37.50%41.67%
Avg. Pos. Period - 5.80%3.92%3.27%3.90%
Avg. Neg. Period-3.83%-3.83%-5.61%-4.52%-3.93%
Sharpe Ratio-4.970.64-0.94-1.12-0.47
Sortino Ratio-2.870.88-1.16-1.31-0.69
Monthly Volatility2.67%5.35%6.07%4.95%4.92%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.90%-14.20%-0.55%-0.71%-2.20%40.43%
3 Months 18.37%-14.63%-1.67%-1.12%-11.17%44.44%
6 Months 15.60%-23.83%-3.07%-2.32%5.15%45.24%
1 Year 17.53%-38.40%-5.93%-3.85%-19.91%50.00%
2 Years 19.00%-38.18%-11.48%-10.31%-34.16%33.33%
3 Years -11.00%-30.88%-20.45%-19.44%-24.86%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.