C WorldWide Asset Management

C WorldWide Long/Short Fund

Strategy Description

The objective of the C WorldWide Long/Short fund is to provide high returns coupled with low correlation to the global equity markets. Despite being based on the same trend-based stock-picking philosophy employed by the C WorldWide/Global Equity mutual fund, the CWW long/short hedge fund can also employ short selling of equities and trading of derivatives for a given company's shares, sector or stock exchange. Hedging (or pairing) of positions is also employed in order to reduce risk. The combined use of these sophisticated techniques and traditional long positions in equities enables the fund to generate a positive return irrespective of the overall market direction. The fund exhibits a lower correlation to markets than a long-only fund, thanks to the possibility of shorting during periods of market weakness. Unlike many funds, the investment mandate of the CWW long/short fund allows the fund to keep up to 100% of assets in cash, which is essential during periods of extreme market volatility. Unlike many hedge funds actively capitalizing on opportunistic trades, the CWW long/short fund has a longer investment horizon, typically several months, and concentrates on selecting stocks with high liquidity and market capitalisation.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment10,000 EUR
AUM11M EUR
Inception DateJul 2003
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyC WorldWide Asset Management
PrincipalBengt Seger
AddressDampfaergevej 26
Copenhagen, DK-2100
Phone+45 3546 3500
E-mail[email protected]
Websitewww.cworldwide.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.48 -1.29 -0.55 0.97 1.36 0.18 1.22 0.58 -0.18 3.80
2019 -0.29 -0.27 1.19 -0.37 1.02 -0.75 0.06 0.70 -0.70 0.20 1.27 0.12 2.17
2018 2.16 -1.10 -2.05 -1.89 0.64 0.21 0.40 -1.40 -1.41 -1.94 -0.37 -0.84 -7.42
2017 1.10 -0.50 1.60 0.50 1.70 -0.50 0.25 -0.02 -0.20 0.67 -1.02 0.81 4.44
2016 -2.60 -2.10 1.20 0.20 0.02 -0.50 -1.00 -1.20 -0.40 -0.03 -2.20 1.10 -7.34
2015 4.80 3.70 2.20 -3.20 1.20 -0.60 1.40 -2.00 0.10 0.50 0.80 0.00 8.98
2014 -2.95 3.54 -0.34 -2.40 3.14 0.50 2.40 2.10 3.20 2.62 1.20 2.60 16.47
2013 1.19 2.32 2.64 0.22 1.62 -3.51 -2.18 -2.91 1.55 2.92 2.08 1.19 7.06
2012 3.72 4.57 1.07 1.27 -1.15 1.41 4.21 -0.87 0.00 -2.39 3.92 -1.68 14.66
2011 -6.27 1.22 0.14 -0.13 0.06 -2.13 5.21 -5.65 -2.85 5.43 -0.17 5.03 -0.95
2010 -2.69 3.64 7.72 0.95 1.55 3.43 -2.13 0.56 3.28 0.49 4.13 1.70 24.62
2009 6.40 -4.94 2.55 4.23 1.71 0.76 4.36 -0.36 1.72 -2.39 0.73 6.84 23.10
2008 -6.18 0.49 -3.52 1.90 1.34 -5.29 -0.96 2.27 -11.54 -8.87 -4.77 -5.40 -34.56
2007 0.66 -1.33 1.58 1.12 4.04 2.02 0.10 -0.58 2.40 1.74 0.73 1.83 15.19
2006 3.91 -0.83 -0.08 0.95 -4.79 -0.27 1.45 2.30 0.12 1.49 2.88 2.86 10.15
2005 2.39 2.49 -1.16 1.72 2.96 3.88 2.49 1.70 5.87 -3.13 2.65 3.02 27.56
2004 3.35 1.11 3.58 -1.16 -1.23 1.22 0.58 0.74 1.68 0.03 5.94 2.01 19.13
2003 -1.20 2.75 -0.99 2.94 -0.64 2.34 5.21

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 -34.56% 12 24 01/2008 12/2010
2 -12.57% 47 0 04/2015 -
3 -10.39% 9 4 01/2011 01/2012
4 -8.36% 3 10 06/2013 06/2014
5 -5.04% 2 4 05/2006 10/2006

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.54%0.69%0.44%0.11%-0.04%
% Positive66.67%83.33%75.00%54.17%52.78%
Avg. Pos. Period0.90%0.86%0.82%0.80%0.80%
Avg. Neg. Period-0.18%-0.18%-0.67%-0.69%-0.97%
Sharpe Ratio3.274.311.880.45-0.11
Sortino Ratio17.9532.383.760.68-0.17
Monthly Volatility0.57%0.55%0.82%0.89%1.05%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.72%-11.54%0.56%0.70%-0.18%63.29%
3 Months 13.91%-23.24%1.74%1.60%1.62%68.78%
6 Months 21.18%-26.55%3.57%3.08%4.19%69.80%
1 Year 34.61%-34.56%7.28%6.88%5.45%71.43%
2 Years 55.28%-24.62%14.59%17.01%2.74%66.30%
3 Years 70.50%-18.51%21.62%22.36%-1.37%66.86%
5 Years 90.17%-10.51%35.11%29.80%-3.74%93.24%

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

The objective of the C WorldWide Long/Short fund is to provide high returns coupled with low correlation to the global equity markets. Despite being based on the same trend-based stock-picking philosophy employed by the C WorldWide/Global Equity mutual fund, the CWW long/short hedge fund can also employ short selling of equities and trading of derivatives for a given company's shares, sector or stock exchange. Hedging (or pairing) of positions is also employed in order to reduce risk. The combined use of these sophisticated techniques and traditional long positions in equities enables the fund to generate a positive return irrespective of the overall market direction. The fund exhibits a lower correlation to markets than a long-only fund, thanks to the possibility of shorting during periods of market weakness. Unlike many funds, the investment mandate of the CWW long/short fund allows the fund to keep up to 100% of assets in cash, which is essential during periods of extreme market volatility. Unlike many hedge funds actively capitalizing on opportunistic trades, the CWW long/short fund has a longer investment horizon, typically several months, and concentrates on selecting stocks with high liquidity and market capitalisation.

Fund Information

General Information

NHX CategoryEquities
NHX CountryDenmark
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment10,000 EUR
AUM11M EUR
Inception DateJul 2003
Management Fee1.00%
Performance Fee20.00%

Company Information

CompanyC WorldWide Asset Management
PrincipalBengt Seger
AddressDampfaergevej 26
Copenhagen, DK-2100
Phone+45 3546 3500
E-mail[email protected]
Websitewww.cworldwide.com
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2020 1.48 -1.29 -0.55 0.97 1.36 0.18 1.22 0.58 -0.18 3.80
2019 -0.29 -0.27 1.19 -0.37 1.02 -0.75 0.06 0.70 -0.70 0.20 1.27 0.12 2.17
2018 2.16 -1.10 -2.05 -1.89 0.64 0.21 0.40 -1.40 -1.41 -1.94 -0.37 -0.84 -7.42
2017 1.10 -0.50 1.60 0.50 1.70 -0.50 0.25 -0.02 -0.20 0.67 -1.02 0.81 4.44
2016 -2.60 -2.10 1.20 0.20 0.02 -0.50 -1.00 -1.20 -0.40 -0.03 -2.20 1.10 -7.34
2015 4.80 3.70 2.20 -3.20 1.20 -0.60 1.40 -2.00 0.10 0.50 0.80 0.00 8.98
2014 -2.95 3.54 -0.34 -2.40 3.14 0.50 2.40 2.10 3.20 2.62 1.20 2.60 16.47
2013 1.19 2.32 2.64 0.22 1.62 -3.51 -2.18 -2.91 1.55 2.92 2.08 1.19 7.06
2012 3.72 4.57 1.07 1.27 -1.15 1.41 4.21 -0.87 0.00 -2.39 3.92 -1.68 14.66
2011 -6.27 1.22 0.14 -0.13 0.06 -2.13 5.21 -5.65 -2.85 5.43 -0.17 5.03 -0.95
2010 -2.69 3.64 7.72 0.95 1.55 3.43 -2.13 0.56 3.28 0.49 4.13 1.70 24.62
2009 6.40 -4.94 2.55 4.23 1.71 0.76 4.36 -0.36 1.72 -2.39 0.73 6.84 23.10
2008 -6.18 0.49 -3.52 1.90 1.34 -5.29 -0.96 2.27 -11.54 -8.87 -4.77 -5.40 -34.56
2007 0.66 -1.33 1.58 1.12 4.04 2.02 0.10 -0.58 2.40 1.74 0.73 1.83 15.19
2006 3.91 -0.83 -0.08 0.95 -4.79 -0.27 1.45 2.30 0.12 1.49 2.88 2.86 10.15
2005 2.39 2.49 -1.16 1.72 2.96 3.88 2.49 1.70 5.87 -3.13 2.65 3.02 27.56
2004 3.35 1.11 3.58 -1.16 -1.23 1.22 0.58 0.74 1.68 0.03 5.94 2.01 19.13
2003 -1.20 2.75 -0.99 2.94 -0.64 2.34 5.21

Portfolio Managers

No data filled

Return Statistics

Last Month Return -
3 Month Return 1.62%
Year to Date Return 3.80%
12 Month Return 5.45%
36 Month Return -1.37%
Total Return Annualized 6.55%
Winning Months (%) 63.29%
Average Winning Month 2.02%
Average Losing Month -1.99%
Total Return Cumulative 198.62%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.88
Sortino Ratio3.76
Sterling0.46
Calmar2.97
Skewness-0.69
Kurtosis0.45
Maximum Drawdown-1.83%
Correlation vs S&P 5000.72
Annualized Volatility2.85%
Annualized Down. Deviation1.60%

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 -34.56% 12 24 01/2008 12/2010
2 -12.57% 47 0 04/2015 -
3 -10.39% 9 4 01/2011 01/2012
4 -8.36% 3 10 06/2013 06/2014
5 -5.04% 2 4 05/2006 10/2006

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.54%0.69%0.44%0.11%-0.04%
% Positive66.67%83.33%75.00%54.17%52.78%
Avg. Pos. Period0.90%0.86%0.82%0.80%0.80%
Avg. Neg. Period-0.18%-0.18%-0.67%-0.69%-0.97%
Sharpe Ratio3.274.311.880.45-0.11
Sortino Ratio17.9532.383.760.68-0.17
Monthly Volatility0.57%0.55%0.82%0.89%1.05%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.72%-11.54%0.56%0.70%-0.18%63.29%
3 Months 13.91%-23.24%1.74%1.60%1.62%68.78%
6 Months 21.18%-26.55%3.57%3.08%4.19%69.80%
1 Year 34.61%-34.56%7.28%6.88%5.45%71.43%
2 Years 55.28%-24.62%14.59%17.01%2.74%66.30%
3 Years 70.50%-18.51%21.62%22.36%-1.37%66.86%
5 Years 90.17%-10.51%35.11%29.80%-3.74%93.24%

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.